Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Google Inc (GOOG), Netflix Inc (NFLX) Stand Up for the FCC

Google Inc (NASDAQ:GOOG), Netflix Inc (NASDAQ:NFLX) and Facebook Inc (NASDAQ:FB) are among a group of Internet companies which likely stand for as much freedom with the Internet and little government interference, has filed a brief in support of the Federal Communications Commission in a net-neutrality case brought by Verizon Communications Inc (NYSE:VZ) and MetroPCS Communications Inc (NYSE:PCS).

This may be one of those cases of strange bedfellows, indeed.

Google Inc (GOOG)

The FCC passed what are called “net neutrality” regulations in late 2010, and Verizon (VZ) and MetroPCS (PCS) filed suit to have the regulations reversed. Google Inc (NASDAQ:GOOG) and the others – which have formed the Open Internet Coalition – have stepped in to support the rules, filing briefs with the U.S. District Court of Appeals for the District of Columbia.

The regulations at the heart of this dispute prevent Internet service providers (ISPs) from accelerating access to web sites that have paid for the access, or to their own sites, in deference to other sites. In general, ISPs cannot discriminate against any legitimate web site and cellphone/wireless carriers cannot block any apps that directly compete with services they offer themselves.

Google Inc (NASDAQ:GOOG) and the rest of its OIC compatriots stressed their support for the rules, writing that these FCC rules were appropriate to “encourage the deployment” of broadband services, including Internet access. Verizon argued that the FCC did not have authority to impose the rules and that they infringe on the company’s First Amendment rights.

However, Google Inc (NASDAQ:GOOG) and the rest of the OIC countered that argument with, “The First Amendment is not the Open Internet Rules’ victim; it is their beneficiary,” adding that Verizon, as an Internet provide, does not have speech rights of its own but rather should ensure that all voices on the Internet are able to be heard by customers.

Interesting that Google Inc (NASDAQ:GOOG), Netflix Inc (NASDAQ:NFLX) and Facebook Inc (NASDAQ:FB) would all side with the federal government to ensure an open Internet experience. Are you surprised by this? How do you see this affecting Google in the long run in terms of its services and the company? Does Verizon have a beef? Is this a case that investors like billionaire Julian Robertson of Tiger Management should be watching?

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!