Arguments made by individuals like McCain highlight the powers of the government to regulate. McCain approached the idea of regulation, as to not being limited to federal regulation. In fact, it is interesting the approach McCain took when it came to internet. He decided to deregulate, yes this is no typo. He decided to deregulate internet broadband, because interference with market forces is not limited.
McCain as senator worked for almosta decade to deregulate the marketplace to give it he freedom to grow and flourish, examples of this are rules to deregulate insurance and banking industries. His reasoning for this was that it would lead to a healthier and stronger economy.