Comcast, Cable Cos. Slipping on Net Neutrality

Comcast down as Obama demands net neutrality
3:56 | 11/10/14

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Transcript for Comcast, Cable Cos. Slipping on Net Neutrality
A ever since the Internet was created it's been organized around basic principles of openness fairness and freedom. There are no gatekeepers deciding which sites you get to access. Their note holed roads on the information super highway. The set of principles. The idea of net neutrality. Has unleashed the power of the Internet and given innovators the chance to thrive. Abandoning these principles somewhat threatened to end it. Earlier today in a statement urging the FCC to implement some net neutrality rules for Internet providers. And after that statement service providers like Comcast were sliding on Wall Street as investors predict lower profits. In fact are in the cards so explain why isn't a big deal for Comcast and its Arizona bring in Roger Cheng executive editor. At CNET news Roger thanks for being with us sure is so first gets at the speed net neutrality explain if you could. Net neutrality is this a broad framework. Underserved one underlying principle but there's a level play own playing field. On the Internet its secretive no matter if you're a large company or small company you're paying the same rate for that traffic and speed unity of connecting your customers that same speeds. The idea that all traffic is open and village entry equally. So when your interests are survivor like Comcast and wears a do your business model. Well it's. That's where the debates going on a bit there is there's talk about the introduction of you know fast lanes or pay for privatization. And that that's sort of the area that cup is that Comcast and Verizon won again and the FCC you know President Obama is sort of and it's at the stake in the ground as Obama particular. Basically saying that that this is not principle of this is fast this idea the fast lane action. Should be around should not be. Even entertained. And because is that if you're pretty fast and other news a sullen and pay a premium they'll be getting faster access. If it means that a large company can paid to assure that their traffic. Gets privatization so what did your YouTube you can pay a premium to make sure your video stream faster than a competing web service. OK so where's the FCC chairman Wheeler leaning on all of this so he's remained fairly neutral STC hasn't come out with any. Official guidelines and they're still working on it and we're hearing that we are united in game guidelines this year make it pushed back to next year. I and he he saw the statement from President Obama and fifty cent everything all options are on the table right now. And in fact there is accredited approach has credited a reaction to this effect has spent some protest by popular resistance. Pat the chairman's door yep the beach because of this. Yet those protesters were Rask in particular for what's known as title two regulation or basically treating. These highest p.s as utilities basic title to as a regulation put in to. Govern how phones service works and brought that is always escape that regulation because it's considered more than information service so what. What these protesters are asking for what a lot of what has Obama is asking for is to put brought down under that title two regulation. So what exactly that would it mean for answers providers like him and in the mobile operators. Basically means there there are restricted in yeah how much they can charge and but that's the big thing how much they can charge and the business models are kind of under restriction and the argument from the eyes peas. Has been that you are under these onerous kinds of regulations that they won't be able to invest in their networks they won't be able to. In a day on you services in in the lap to be stifling the growth of unit the growth of the Internet. We'll have to incident outs on a player Roger Cheng from CNN news Roger thanks so much appreciate it. You know what's in store stock still with abcnews.com for latest headlines I'm down Cutler in New York.

This transcript has been automatically generated and may not be 100% accurate.

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