Heya Pirate. :2wave: Verizon will fight this in the court. If the FCC tries to make a set of new rules. The Federal Courts will have a field day with them.
"
I believe the FCC should create a new set of rules protecting net neutrality and ensuring that neither the cable company nor the phone company will be able to act as a gatekeeper, restricting what you can do or see online,” the president said in a surprise statement on Monday. Cable and phone companies should be banned from slowing down or blocking web sites and services, as well as charging more to give some faster access to consumers, Obama said.
Stocks of leading cable and telecom carriers quickly dropped as much as 7% before recovering somewhat. Time Warner Cable, Comcast and Charter Communications (CHTR) were down 4% or more each at midday, while Cablevision Systems (CVC) lost 2%. Shares of Netflix (NFLX), a poster child for net neutrality after it was forced to pay some big Internet providers for better connections to its customers, gained almost 1%......snip~
http://finance.yahoo.com/news/obama...time-warner-cable-comcast-deal-154738302.html
Shares of major cable companies dropped after President Obama announced a plan to strengthen net neutrality rules.
This would be like giving the Fed.....card blanc.