Regardless of those who said it wouldn’t happen, Google and Verizon are moving forward with their “net neutrality” talks. I’m wondering why more people aren’t up in arms about this deal?Amplify’d from www.wallstreetjournal.com
SAN FRANCISCO (Dow Jones)–Google Inc. (GOOG) and Verizon Communications Inc. (VZ) on Monday called on legislators to enact laws preventing carriers from blocking websites or selectively delaying access to content common on the Internet today, while leaving the door open for private “specialized networks” down the line.
The proposal by the two companies, in the form of a suggested legislative framework, also said regulators should have authority to stop offenders by imposing penalties of a maximum $2 million on “bad actors.”
The policy framework marks a joint effort by the companies to move the discussion over “net neutrality” forward as well as head off more rigorous restrictions imposed by regulators. While Verizon agreed to the basic principles. , it left room to offer new “differentiated online services,” ranging from health-care services to entertainment, which broadband providers could charge for.
The agreed principles also don’t apply to the wireless broadband market, in part because the mobile marketplace is more competitive and changing rapidly.
Google Chief Executive Eric Schmidt, in noting that carriers and Internet companies depend on each other, said the agreement was designed to strike a balance over the thorny issue of network neutrality.
See this Amp at http://amplify.com/u/8i5g