Verizon's gamble on Internet rules may have backfired [telecom]

Verizon (VZ) set off a wide debate in January over how the federal government should regulate the Internet by winning a legal challenge to the existing rules. It now looks possible that the company?s victory has paved the way for its political defeat.

The Federal Communication Commission held the final roundtables on its net neutrality regulations on Tuesday, and FCC Chairman Tom Wheeler will presumably retreat to his office to finalize his proposal. He has said he wants to have new rules in place by the end of the year, meaning a vote could happen at the commission?s open meeting on Dec. 11.

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Bill Horne
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