FT.com / Technology - FCC in move to regulate internet

FT.com / Technology - FCC in move to regulate internet:

The Federal Communications Commission on Thursday took its first formal step towards the adoption of new regulations for the broadband industry, setting the stage for what could become one of the most expensive lobbying campaigns to hit Capitol Hill by major telecommunications and cable providers.

In a 3-2 vote along party lines, Democrats at the FCC on Thursday agreed to begin formal consideration to adopt new rules for high- speed internet companies such as AT&T and Comcast, which have until now operated virtually free of the FCC’s oversight. Technically, the FCC’s majority passed a motion to “open for comment” new broadband rules, the first step to passing the rules."