FCC seen proposing new broadband rules

By Aaron Smith, CNNMoney.com staff writer


NEW YORK (CNNMoney.com) -- The Federal Communications Commission is expected to unveil a new proposal Thursday to require Internet service providers to give customers equal access to all available data, according to a published report.

FCC chairman Julius Genachowski is expected to outline his proposal to adopt Net neutrality rules for regulation of broadband lines, according to the Wall Street Journal.

The FCC has been trying to impose new regulations since 2005 that would force cable and phone companies such as Comcast (CMCSA, Fortune 500), AT&T (ATT) and Verizon (VZ, Fortune 500) to treat all Internet data equally. Last October, the FCC voted to move forward on crafting so-called "Net neutrality" rules.

But the rule-making was held up by a federal appeals court decision last month stating that the FCC does not have the authority to stop Internet provider Comcast from bottlenecking its customers' file sharing.

The case originated in 2007, when Comcast subscribers realized that the company was interfering with their ability to use peer-to-peer applications such as BitTorrent to swap files that consume large amounts of bandwidth. The court ruling said that Comcast defended the practice of interfering with the applications in order to manage scarce network capacity.

A Comcast spokeswoman downplayed the issue and denied that her company was blocking access.

The office of the FCC chairman did not immediately return a request for comment on the Journal report. To top of page

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 17,265.99 109.14 0.64%
Nasdaq 4,593.43 31.24 0.68%
S&P 500 2,011.36 9.79 0.49%
Treasuries 2.63 0.03 1.12%
Data as of 6:30am ET
Company Price Change % Change
Bank of America Corp... 17.04 0.27 1.61%
Yahoo! Inc 42.08 -0.50 -1.19%
Apple Inc 101.79 0.21 0.21%
Microsoft Corp 46.68 0.16 0.34%
General Electric Co 26.21 0.16 0.61%
Data as of Sep 18

Sections

British drug giant GlaxoSmithKline has been convicted of bribery in China and slapped with nearly half a billion in fines. More

The Federal Reserve is probably not going to raise interest rates until the summer of 2015 at the earliest. More

Immigrant entrepreneurs leverage connections abroad to boost international exports -- and non-immigrants could stand to learn from their tactics. More

A 10,000 square-foot home doesn't take care of itself, and many of the uber wealthy families who own them don't want to tend to them either. So they hire people like Bryan Peele. Here are journal entries from a day in his life. More

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.