Media giants such as Netflix want to ensure ISPs don't have the ability to charge for transporting video content or that they charge individual customers based on their broadband usage -- a current staple of wireless industry data pricing.
"The Internet companies want to preserve the status quo and ensure that bottleneck network operators don't have the ability to charge them for transport," Moffett wrote. Even if the FCC loses its legal tussle, Moffett expects that the likes of Netflix and Amazon will have the ability to argue for status quo to the public.
Monday's court battle between Verizon and the FCC could reignite a long-dormant tension between media companies and the networks they rely upon.
Edward McFadden, a Verizon Communications spokesperson, declined to comment for this story.-- Written by Antoine Gara in New York. Follow @antoinegara
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV