Danger Will Robinson. Your Internet Freedom is at risk!

On December 21st, 2010, the Federal Communications Commission officially adopted controversial new Net neutrality rules, but the fight is far from over as the FCC's authority to create and enforce these regulations may still be in question.

Up to this point in time, the Internet in the free world has not been restricted in any meaningful way by government rules and regulations. This hands-off approach has allowed the Internet to evolve in a free-market way permitting people in businesses the opportunity to research, buy and sell goods and services to their best advantage.

The new regulations mandated by the FCC will be the camel's nose under the tent, imposed to chip away at those freedoms.  This will undoubtedly stifle long-term innovation and potentially restrict new investments in to the Internet infrastructure because of the uncertainty of what these FCC regulations will evolve into will make the infrastructure providers and/or the content makes less likely to make significant investments in a changing regulatory environment.

One place where these regulations will have an immediate effect is on the delivery of television and radio via the Internet because of bandwidth restrictions that will now be able to be put into place. For example, this could lead to a scenario similar to the Time Warner and ABC dispute, when networks and cable TV were negotiating fees to be charged and subscribers were left unable to watch shows they had previously had access to.
 
Because of this threat to Internet's capability to be able to be able to deliver whatever goods and services the buyer and seller agree upon, I urge you to contact the FCC and make your voices heard that these regulations should not stand. The FCC has intervened in an area that the Courts have said were not under the FCC's jurisdiction , and that the Congress has examined and decided that no changes were desirable.

I strongly urge you to voice your concern to Julius Genachowski the FCC Chairman who supported this controversial regulation, at Julius.Genachowski@fcc.gov, and to the two commissioners who voted in favor of this Michael Copps at Michael.Copps@fcc.gov  and Mignon Clyburn at Mignon.Clyburn@fcc.gov.

Additional reading on this topic:

 

 

This blog

Ken Garen, CPA, is the co-founder and President of Universal Business Computing Company (www.ubcc.com), a software development firm of high-volume, high-productivity accounting and payroll technology. Ken attended Oxford and Southern Illinois Universities and earned degrees in Accounting and Business Education, with a minor in photography. Ken has designed payroll and accounting software and systems since 1981, is a frequent presenter for national association CPE seminars, a contributor of editorial content for well-respected accounting publications, and speaks at state and national accounting professional events.Ken's blog postings provide readers with insight into how technology trends (i.e. Google, Microsoft, Apple, the FCC, Verizon, the Internet, Web Apps, Web security, etc.) will impact payroll and accounting professionals and business owners.

More from this blog

Bloggers crew

Steve Knowles has spent 25 years in business and practice in the UK, but he also worked in the states and the years haven't dulled his way of seeing an alternative view to everyone else, and every day is a new adventure.

38843

Joel M. Ungar, CPA is a lifelong resident of the Detroit area and a graduate of The University of Michigan. He is a principal with Silberstein Ungar, PLLC, a Top 15 auditor of SEC public reporting companies.

69967

Allan Boress, CPA, with over 25 years as a practitioner and consultant to the accounting profession. Mr. Boress is the author of 12 published books in 6 different languages, including a best-seller, The "I-Hate-Selling" Book.

43626

Larry Perry, CPA, CPA Firm Support Services, LLC, is the author of accounting and auditing manuals, author and presenter of live staff training seminars, and author of webcast and self-study CPE programs. He blogs about small audits, reviews, and compilations.

80620
Sandra Wiley, COO and Shareholder, is ranked by Accounting Today as one of the 100 Most Influential People in Accounting as a result of her prominent role as an industry expert on HR and training as well as influence as a management and planning consultant. She is also a founding member of The CPA Consultant's Alliance. Sandra is a certified Kolbe™ trainer who advises firms on building balanced teams, managing employee conflict and hiring staff.
17496

Maria Calabrese, CIR, Human Resources manager for Fazio, Mannuzza, Roche, Tankel, LaPilusa, LLC in Cranford, New Jersey, Maria's topics revolve around the world of: Mentoring, Performance management, and The "Y Generation," a.k.a. "The whY generation".

50627

William Brighenti is a CPA, Certified QuickBooks ProAdvisor, and Certified [Business] Valuation Analyst, operating an accounting, tax, and QuickBooks consulting firm in Hartford, Connecticut, Accountants CPA Hartford.

74529

Ken Garen, CPA, is the co-founder and President of Universal Business Computing Company (www.ubcc.com), a software development firm of high-volume, high-productivity accounting and payroll technology.

22419

Eva Rosenberg, MBA, EA, is the publisher of TaxMama.com, and author of the weekly syndicated Ask TaxMama column. She provides answers to tax questions from taxpayers and tax professionals worldwide.

58657

Amy Vetter, CPA, CITP is the CPA Programs Leader for Intacct Corporation responsible for leading the CPA/BPO Partners nationally.

31519
Brian Strahle is the owner of LEVERAGE SALT, LLC where he provides state and local tax technical services to accounting firms, law firms and tax research organizations across the United States. He also writes a weekly column in Tax Analysts State tax Notes entitled, "The SALT Effect." For more info, visit his website: www.leveragestateandlocaltax.com
94943
Scott H. Cytron, ABC, is president of Cytron and Company, known for helping companies and organizations improve their bottom line through a hybrid of strategic public relations, communications, marketing programs and top-notch client service. An accredited consultant, Scott works with companies, organizations and individuals in professional services (accounting, finance, medical, legal, engineering), high-tech and B2B/B2C product/service sales.
22448

Rita Keller is a nationally known CPA firm management consultant, speaker, author, mentor and blogger. She has over 30 years hands-on experience in CPA firm management, marketing, technology and administrative operations.

47303
Stacy Kildal is the mom of two fantastic kids, an Advanced Certified QuickBooks ProAdvisor, Certified Enterprise Solutions ProAdvisor, Sleeter Group Certified Consultant, a nationally recognized member of the Intuit Trainer and Writer Network, and co-host of RadioFree QuickBooks.
24316
Michael Alter's blog specializes in providing practical advice to those who seek greater profitability and practice management tactics that enhance deeper client relationships.
28274

Sally Glick, CMO, Principal, Marketer of the Year in 2003 and AAM Hall of Famer in 2007, leads a lively discussion of the constantly expanding roles of marketing and the professional marketers that drive this initiative in accounting firms of all sizes.

91187

The IMA Young Professionals Blog features the insights of IMA’s Young Professionals Committee. Committee members share advice and experiences on careers, continuing education, work/life balance, and other issues affecting young accounting and finance professionals.

29728

FEI Financial Reporting Blog provides highlights from SEC, PCAOB, FASB, IASB, and other regulatory news, including reporting under Sarbanes-Oxley Sect 404. It is written by Edith Orenstein, Director of Technical Policy Analysis at FEI.

101978

Sue Anderson has 30 years of experience in continuing education for accountants. Currently she is the program director for online CPE provider CPE Link.

54692

Jim Fahey is COO of Apple Growth Partners, a regional CPA firm in Ohio. His focus is on the effective and efficient use of technology within the firm by all team members.

36026
Caleb Newquist is the Editor-in-Chief of Sift Media US, overseeing content for both AccountingWEB and Going Concern.
61920

Leita Hart-Fanta, CPA, CGFM, and CGAP is the author of "The Yellow Book Interpreted" and owner of Yellowbook-CPE.com a website devoted to training for governmental auditors.

87239

AccountingWEB is more than just a U.S. team of journalists and financial and technology experts - we have an international side, too! Members of our British team who publish AccountingWEB.co.uk share their ideas, insights, and perspectives from across the pond.

48346