“Democrats in the U.S. House and Senate said they will consider proposals starting next month to update the law that regulates telephone, cable and broadcast companies,” Todd Shields reports for Bloomberg.
“The lawmakers will begin ‘a process to develop proposals’ to revise the 1934 telecommunications act, which was last rewritten in 1996, they said today in an e-mailed statement,” Shields reports. “Senator Jay Rockefeller of West Virginia, chairman of the Commerce Committee, and Representative Henry Waxman, chairman of the Energy and Commerce Committee, are among those involved in the process, according to the statement.”
“A U.S. court in April said the Federal Communications Commission lacks power over Comcast Corp.’s Web practices, sparking debate over the agency’s power to regulate Internet service providers,” Shields reports. “FCC Chairman Julius Genachowski on May 6 asserted authority under a part of the act written for telephone networks. Republican lawmakers said he improperly sought to expand regulation.”
Shields reports, “Today, 74 House Democrats in a letter told Genachowski they have ‘serious concerns’ about his proposed regulatory framework and urged him to await ‘additional direction from Congress.'”
Full article here.
[Thanks to MacDailyNews Readers too numerous to mention individually for the heads up.]