http://money.cnn.com/2014/02/21/technology/verizon-netflix/index.html?hpt=hp_t2
So, what do we have here. Verizon signs a partnership with Comcast two years ago. Verizon then decides to suspend installing any new FiOS service. Comcast is about to buy Time Warner, and now Verizon is throttling Netflix.
This is playing out exactly how everyone thought it would.
We need to regulate these monopolies NOW.
Streaming speeds for Verizon FiOS customers dropped by 14% between December and January, according to Netflix. Meanwhile, Netflix speeds on most other Internet service providers held steady during that time period.
the slowdown comes amid a stand-off reported this week by The Wall Street Journal over whether broadband providers like Verizon (VZ, Fortune 500) and AT&T (T, Fortune 500) will charge Netflix to carry its videos.
So, what do we have here. Verizon signs a partnership with Comcast two years ago. Verizon then decides to suspend installing any new FiOS service. Comcast is about to buy Time Warner, and now Verizon is throttling Netflix.
This is playing out exactly how everyone thought it would.
We need to regulate these monopolies NOW.