Obama pressures FCC for strong net neutrality rules

Howell attends a pro-net neutrality Internet activist rally in the neighborhood where U.S. President Obama attended a fundraiser in Los AngelesBy Alina Selyukh WASHINGTON (Reuters) – U.S. President Barack Obama on Monday struck a blow to large cable and wireless companies by publicly pressuring the federal communications regulator to adopt tougher rules that would treat Internet providers more like public utilities. Shares of major Internet service providers Comcast Corp and Time Warner Cable Inc fell sharply after Obama said ISPs should be reclassified to face stricter regulations and banned from striking paid “fast lane” deals with content companies. …

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