- As the Democratic-led U.S. House of Representatives prepares to vote on a bill to reinstate landmark net neutrality rules, the White House has indicated President Trump would veto the bill if it reached his desk.
- The Save the Internet Act would restore regulations that prohibit ISPs from blocking or throttling traffic, or from selling "fast lanes" to give certain sites preferential treatment.
- Republicans oppose the effort arguing it would grant the FCC too much authority over the internet and deter private sector investment.
- Related stocks: Altice (NYSE:ATUS), Comcast (NASDAQ:CMCSA), CenturyLink (NYSE:CTL), Charter Communications (NASDAQ:CHTR), Frontier Communications (NASDAQ:FTR), AT&T (NYSE:T), Verizon (NYSE:VZ), Netflix (NASDAQ:NFLX), Dish Network (NASDAQ:DISH), Cogent (NASDAQ:CCOI), Sprint (NYSE:S), T-Mobile (NASDAQ:TMUS).