Verizon to FCC: Net Neutrality Rules 'Unneeded Regulation'

"Is to bankruptcy of private industry and the creation of 'Internet' as a government controlled 'utility'....they desire this rule because they know it will cause harm to private industry."

Sorry, but NO. Its ridiculous to suggest that the FCC wants to "harm" private industry and cause its bankruptcy. Its like saying the reason the FCC mandated number portability or fair ETFs was to "harm" private industry. Indeed without regulated Net Neutrality, the harm will be done by the carriers like Verizon, against companies like NetFlix and Google, and ultimately the consumers.

As usual, it is all about money. Verizon wants to be able to squeeze more money from content distributors like Netflix, even though they already pay their fair share of bandwidth costs. Verizon just wants more -- they want unfettered pricing control and the ability to make special deals. They hate the idea that they are just common carriers with no ability to craft deals and rates to get even more money than they now receive. If you call preventing that kind of greed "harm", then yes I say, harm the carriers...