A group of investment firms and foundations with widely-diversified investment portfolios today called upon the Federal Communications Commission (FCC) to adopt network neutrality rules that would protect an open Internet. They recommended reclassification of broadband Internet service under Title II of the Communications Act, giving the FCC clear regulatory authority over the Internet network infrastructure that serves millions of individuals, entrepreneurs and established businesses throughout the U.S
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The Open MIC Blog
The Federal Communications Commission should move quickly to embrace President Obama’s recommendation to protect network neutrality by reclassifying Internet broadband under Title II of the Telecommunications Act, an investor group said today.
Comcast Corp.’s proposed $45 billion takeover of Time Warner Cable would have no significant benefits for American consumers or businesses and could pose a serious threat to entrepreneurial growth in the U.S., investors said in a federal filing opposing the merger.