The president isn’t likely to get his way entirely, with strong opposition already coming from those industries and Republicans in Congress. But Obama's move also reduces the odds that regulators will approve Comcast's (CMCSA) $45 billion take over bid for Time Warner Cable (TWC).
The Federal Communications Commission, headed by Obama appointee Thomas Wheeler, has been working on new “net neutrality” regulations after courts struck down previous efforts intended to prevent Internet service providers from discriminating against web sites and other online content .... http://finance.yahoo.com
