This current even is crucial to our industry seeing that it directly deals with telecommunications. If new regulations sanction things like "net neutrality" or re-regulating broadband networks will actually hurt phone and cable industries. In fact it will decrease the amount of new investors. I am completely for "net neutrality". If a company is going to oversell internet access to its providers then that industry is not well organized, and its buyers should not suffer the company's faults.
Thursday, September 2, 2010
"FCC Still Weighing Broadband Plan" -- WSJ 9/2
In Summary, FCC Chairman Julius Genachowski is working on creating restrictions and re-regulating broadbands so that the government would have "more sway over how Internet providers run their network". The FCC also held numerous meetings in attempt to compromise on the issue of "net neutrality" which means "Internet providers can't deliberately block or slow legal Internet traffic".
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Maria, please remember to provide a link to the WSJ article that you discuss. Nice article choice. I'm not sure that you needed to quote the article so much in so short a posting. I can see your analysis, but it needs a little clarification--why will the number of phone and cable investors decline with added industry regulation? Which companies oversold internet access, and how does is that related to net neutrality?
ReplyDeleteSorry I had read this on the paper copy of the WSJ, but here's the link to the article:
ReplyDeletehttp://online.wsj.com/article/SB10001424052748703882304575465573747138284.html?KEYWORDS=FCC+Still+Weighing+Broadband+Plan
Some phone and cable industries still work on low broad band internet. Thus, they are slower and create Internet trafficking. If "net neutrality" is implemented, these phone and cable industries will survive, but nobody will want to be part of them. Instead consumers would prefer an upgrade. Which will then decrease the amount of new investors.