Comcast (CMCSA) Wins FCC 'Net Neutrality" Case (T, VZ)
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According to a Wall Street Journal article today, Comcast (NASDAQ: CMCSA)(NASDAQ: CMCSK) won a case against the FCC today. The case was a sanction by the FCC for Comcast supposedly slowing Internet traffic for some users. The FCC was seeking "net neutrality" for all users.
The FCC argued that it has the authority to police ISP [Internet Service Providers] to ensure that they are not blocking or slowing subscribers' Internet traffic.
The ruling was made in the U.S. Court of Appeals for the District of Columbia Circuit, and was a 3-2 vote in favor of Comcast.
Comcast had complaints from users that their service would slow when downloading large files over peer-to-peer file-sharing services, such as BitTorrent.
The ruling could spark a backlash from President Obama and FCC Chairman Julius Genachowski, as the two believe that all legal Internet subscribers should be treated equally.
Other companies that oppose the idea of FCC regulation include Verizon Communications (NYSE: VZ) and AT&T (NYSE: T), among others. The providers also argue that Federal regulations shouldn't be able to get into details of how they manage their networks.
The FCC argued that it has the authority to police ISP [Internet Service Providers] to ensure that they are not blocking or slowing subscribers' Internet traffic.
The ruling was made in the U.S. Court of Appeals for the District of Columbia Circuit, and was a 3-2 vote in favor of Comcast.
Comcast had complaints from users that their service would slow when downloading large files over peer-to-peer file-sharing services, such as BitTorrent.
The ruling could spark a backlash from President Obama and FCC Chairman Julius Genachowski, as the two believe that all legal Internet subscribers should be treated equally.
Other companies that oppose the idea of FCC regulation include Verizon Communications (NYSE: VZ) and AT&T (NYSE: T), among others. The providers also argue that Federal regulations shouldn't be able to get into details of how they manage their networks.
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