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Technology Stocks : AT&T
T 24.17+0.9%Jan 8 3:59 PM EST

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From: Sr K10/19/2023 4:40:20 PM
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FCC Revives ‘Net Neutrality,’ Proposes New Regulations for Internet Service.

Comcast, Charter, AT&T and other telecom giants are expected to wage a legal fight with Democratic-controlled agency over regulatory push
By
Ryan Tracy
Oct. 19, 2023 1:08 pm ET

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FCC Chairwoman Jessica Rosenworcel says Internet service has become as essential as electricity and deserves stricter government oversight. PHOTO: TOM WILLIAMS/CQ ROLL CALL/ZUMA PRESS
WASHINGTON—The Federal Communications Commission proposed to apply utility-like regulations to America’s internet service providers, a policy change expected to raise costs for Comcast, Charter Communications, AT&T and other blue-chip companies.

The proposal, adopted by the agency’s Democratic majority Thursday in a 3-2 party line vote, opened another chapter of a long-running dispute about how Washington should oversee internet service. At stake: Whether the FCC will expand its power to regulate some of the largest U.S. companies providing a service that has become essential to modern life.

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