Internet Should Be Open, No Fast or Slow Lanes, Obama Says | Bloomberg

President Barack Obama called for the “strongest possible rules” to protect the open Internet, advocating stricter controls than a regulator he appointed and causing shares of Comcast Corp. CMCSA and other broadband providers to drop.

“I am asking for an explicit ban on paid prioritization,” Obama said today in a statement, referring to so-called fast lanes for preferred Web traffic. His comments tilt the White House against positions advocated by broadband providers and Federal Communications Commission Chairman Tom Wheeler.

Companies led by Comcast, Verizon Communications Inc. VZ and AT&T Inc. T argue that only light regulation is needed to ensure providers don’t block or slow Web traffic, and they say strict rules would squelch investment. Public policy groups want tough regulations that guarantee all websites are treated equally and can be accessed by people increasingly reliant on the Internet.

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The Costs of Internet ‘Fast Lanes’ | Businessweek

Expect to hear a lot of I-told-you-sos from those who worried about having a former cable lobbyist chair the Federal Communications Commission. The FCC is set to introduce a new set of rules governing how Internet service providers (ISPs) can treat different services in different ways, and it looks like they will hew closely to the cable industry’s line.

Late Wednesday the Wall Street Journal reported that the FCC would release new rules developed by its chairman, Tom Wheeler. This was bound to happen after a federal court struck down the FCC’s Open Internet Order in January. Wheeler’s approach to the issue of net neutrality has been the subject of much hand-wringing, with his public statements always leaving some question about his position on the issue. The new rules will likely embrace the idea that Internet service providers can create so-called fast lanes, where they charge companies to send content to customers faster. If that principle becomes law, here are a few things to expect:

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