September 22, 2011
More than nine months after passing rules that would prohibit Comcast (Nasdaq: CMCSA), Verizon (NYSE: VZ) and other broadband providers from throttling traffic from Netflix (Nasdaq: NFLX) and other online content suppliers, the FCC published its network neutrality rules in the Federal Register on Wednesday. The rules are scheduled to go into effect on Nov. 20.
The move could spark a wave of lawsuits from companies that have opposed net neutrality rules, including Verizon and Metro PCS (NYSE: PCS), since litigation courts wouldn't allow litigation on the contentious issue to begin until they were published in the Federal Register.
"The rules ensure transparency and continued Internet openness, while making clear that broadband providers can manage their networks effectively," the FCC wrote in the Federal Register. "The commission anticipates that due to the extent and nature of their services small entities may have less of a burden and larger entities may have more of a burden than the average compliance burden," it added.