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“The Federal Communications Commission’s chairman delivered a tough message to cable and broadband executives Wednesday, saying a lack of competition in their industry has hurt consumers.
The chairman, Tom Wheeler, said that the F.C.C. intended to address the problem by writing tough new rules to enforce so-called net neutrality, preventing big broadband and cable companies from blocking access to innovative new technologies and start-ups that might emerge as competitors.
In addition, Mr. Wheeler told the group that he would use the agency’s federal authority to override state laws that restrict municipalities from offering inexpensive broadband service to residents.”* The Young Turks host Cenk Uygur breaks it down.
*Read more here from Edward Wyatt / NY Times:
http://www.nytimes.com/2014/05/01/business/media/fcc-chairman-says-broadband-competition-is-lacking.html