Ten years ago, Nobel Prize-winning economist Milton Friedman lamented the persistent propensity to persecute one’s competitors through regulation or the threat thereof. Friedman asked, "Is it really in the self-interest of Silicon Valley to set the government on Microsoft?" After the FCC’s recent vote to open a formal “Net Neutrality” rule-making, we must ask whether the high-tech industry—or consumers—will benefit from inviting government regulation of the Internet under the mantra of "neutrality."