Obama: Internet Should Be Open, no Fast or Slow Lanes

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President Barack Obama called for the "strongest possible rules" to protect the open Internet, saying that there shouldn't be "fast lanes" and high-speed service should be regulated. Telecommunications companies oppose regulating Internet service and shares of Comcast and Time Warner Cable, two cable companies that sell broadband service, fell at least 6 percent today. Companies led by Comcast, Verizon Communications and AT&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. http://yhoo.it/1wML60Z http://bit.ly/1fJ5yqZ

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