Verizon Appeals FCC Net Neutrality Ruling

Verizon filed an appeal in federal court today protesting the FCC net neutrality ruling. It claims the rules are unnecessary and will create confusion. Left unsaid is that it thinks the ruling could cut into profit.

Verizon issued the following statement:

Verizon is fully committed to an open Internet. We are deeply concerned by the FCC's assertion of broad authority to impose potentially sweeping and unneeded regulations on broadband networks and services and on the Internet itself. We believe this assertion of authority is inconsistent with the statute and will create uncertainty for the communications industry, innovators, investors and consumers.

It's not really a surprise. Verizon has been saying it would appeal the ruling (which actually regulates wireless providers far less than traditional ISPS) since February. Although approved in December, the ruling just became official last week. In addition to Verizon challenging the FCC for being too strict, consumer groups are mounting a challenge because it's too lenient.

Which probably means the FCC is already pretty close to the sweet spot.

[Verizon via PhoneScoop]