Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Montana governor takes stand for state to honor 'net neutrality'

Published 01/22/2018, 09:48 PM
Updated 01/22/2018, 09:48 PM
© Reuters. Steve Bullock, Governor of Montana, speaks at Milken Institute Global Conference in Beverly Hills

By David Shepardson

WASHINGTON (Reuters) - Montana will sign contracts only with internet service providers that honor "net neutrality" firms, Governor Steve Bullock said on Monday, the latest effort by a state to undermine a Federal Communications Commission order rolling back rules introduced in 2015.

Bullock signed an executive order requiring state contract recipients to adhere to so-called net neutrality, which barred internet service providers from blocking or throttling traffic or offering paid fast lanes, also known as paid prioritization.

The Republican-majority FCC voted in December along party lines to reverse the 2015 rules. The new rules will not take effect for at least three months, the FCC has said.

A spokeswoman for the FCC declined to comment on the decision by Bullock, a Democrat.

"There has been a lot of talk around the country about how to respond to the recent decision by Federal Communications Commission to repeal net neutrality rules, which keep the internet free and open. It's time to actually do something about it," Bullock said in a statement. "This is a simple step states can take to preserve and protect net neutrality. We can't wait for folks in Washington DC to come to their senses and reinstate these rules."

Other states are considering similar efforts. The FCC order in December said it would block state and local rules that "could impose far greater burdens than the federal regulatory regime."

Last week, a group of 21 U.S. state attorneys general and the District of Columbia, filed legal papers to challenge the FCC's decision to do away with net neutrality while Democrats said they needed just one more vote in the Senate to repeal the FCC ruling.

Republicans control both chambers of Congress, so even if Democrats could win a Senate majority, a repeal would also require winning a vote in the House of Representatives and would then still be subject to a likely veto by President Donald Trump. Trump, a Republican, backed the FCC action and overturning a presidential veto requires a two-thirds vote in both chambers.

© Reuters. Steve Bullock, Governor of Montana, speaks at Milken Institute Global Conference in Beverly Hills

The FCC vote handed AT&T Inc (NYSE:T), Comcast Corp (NASDAQ:CMCSA) and Verizon Communications Inc (NYSE:VZ) power over what content consumers can access on the internet. Companies including Facebook Inc (NASDAQ:FB) and Alphabet (NASDAQ:GOOGL) Inc said they would support a legal challenge through an industry group.

Latest comments

good!
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.