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May 24, 2006
Multichannel News: FCC Can Impose Net Neutrality
Multichannel News: Copps: FCC Can Impose Net Neutrality
"The Federal Communications Commission has authority under current law to ensure that broadband-access providers -- currently mainly cable and phone companies -- do not discriminate against Web-based providers of content, search services and applications, FCC commissioner Michael Copps said Tuesday.
Speaking to reporters, Copps stressed that it was essential for the agency to go beyond hortatory policy principles and adopt enforceable rules that guarantee network neutrality and shield Internet companies without wires into millions of homes from potential misconduct by companies that control those wires."
Tags: Net Neutrality, FCC
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Posted by jeff on May 24, 2006 12:34 AM | Permalink
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Comments
Howard,
You need to get your facts correct before "pumping" a stock.
point (1) - Copps is not the head of the FCC and is a minority vote at the Commission.
point (2) - a judiciary bill may pass out of committee on thursday. however, that does not make it law.
Posted by: Hammer at May 24, 2006 09:41 AM
With the news today that the FCC head believes the FCC has the right to administer the law regarding violators of net neutrality -- that has to bode well for Vonage (VG) on their first day of trading.
Then again on Thursday, when a law will be passed in Congress to punish violators of net neutrality, VG will receive more wind in it's sails.
We will see how quickly these two news stories impact the analysts and journalists covering VoIP and the Vonage IPO.
Happy sailing!
Posted by: Howard Roarke at May 24, 2006 02:46 AM