angry tapir writes: "FCC Chairman Julius Genachowski announced last month that he would seek to develop formal rules prohibiting Internet service providers from selectively blocking or slowing Web content and applications. However, 44 companies — including Cisco Systems, Alcatel-Lucent, Corning, Ericsson, Motorola and Nokia — have sent a letter to the FCC saying new regulations could hinder the development of the Internet. A group of 18 Republican U.S. senators have also sent a letter to Genachowski raising concerns about net neutrality regulations"
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