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Technology Stocks : Verizon Communications (VZ)
VZ 51.91+0.7%Jan 19 8:04 PM ESTNews

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From: Ms. Baby Boomer12/14/2017 5:18:15 PM
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Jon Koplik

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U.S. regulators ditch net neutrality
rules as legal battles loom...



WASHINGTON (Reuters) - The U.S. Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape.

The approval of FCC Chairman Ajit Pai’s proposal marked a victory for internet service providers like AT&T Inc, Comcast Corp and Verizon Communications Inc and hands them power over what content consumers can access.

Democrats, Hollywood and companies like Google parent Alphabet Inc and Facebook Inc had urged Pai, a Republican appointed by U.S. President Donald Trump, to keep the Obama-era rules barring service providers from blocking, slowing access to or charging more for certain content....


reuters.com

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