To: GraceZ who wrote (53071 ) 2/8/2006 12:47:37 PM From: shades Respond to of 110194 FCC Takes Wait-and-See Approach On Fees For Fast ContentMy provider could give me 40mbps right now - they have capped my modem to 3mbps - so much for capitalists - I would pay - they just aren't offering me the option to do so - they want to save 80% of the bandwidth for thier services - screw capitalism - MONOPOLY business takes communist type government policy to break thier back when they get too crazy Ayn - for the people - by the people . By Siobhan Hughes Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--Federal Communications Commission Chairman Kevin Martin said Wednesday that the agency is taking a wait-and-see approach as the traditional phone companies suggest that they may charge online content providers such as Google Inc. (GOOG) for priority delivery over high-speed networks. "I think that the issue of whether or not the carriers can actually charge any of the content providers," he said, "has come up recently. The commission hasn't spoken to it; I think the commission is still trying to evaluate what that is." Martin's comments to reporters came after he spoke at a conference convened by the American Enterprise Institute, a Washington, D.C., think tank. "This isn't just not responding," he said, "but rather waiting to see what actions actually end up being taken." Martin said that, "I think that the marketplace is still evolving." The issue surfaced anew this week after the Washington Post reported that a Verizon Communications Inc. (VZ) executive complained that Google was enjoying a "free lunch" by riding on phone-company networks that had cost billions to build. That echoed complaints voiced earlier by Verizon Chief Executive Ivan Seidenberg. The traditional phone companies' stock prices have sunk as they upgrade networks to allow for quick Internet access. In contrast, the share prices of Google have risen. The market capitalization of Verizon stands at about $93 billion, while Google's is about $109 billion. Google and Vonage Holdings Corp. on Tuesday urged Congress to pass laws to block telecommunications networks from charging more for advanced services at a Senate Commerce Committee hearing on "net neutrality." The moniker refers to allowing consumers unfettered access to the Internet without facing tolls on the road to accessing content. -By Siobhan Hughes, Dow Jones Newswires; 202-862-6654; Siobhan.Hughes@dowjones.com (Maya Jackson-Randall contributed to this report.) (END) Dow Jones Newswires