Obama Calls for Regulating Internet Like Telephone Cos.

The transcript discusses the ongoing net neutrality debate, highlighting President Obama's call for strong regulations to protect the open Internet. The FCC, led by Tom Wheeler, faces pressure to impose these rules, which would treat the Internet like a phone service under Title II of the Telecommunications Act. This move is opposed by major Internet service providers like Comcast and Verizon, who fear stricter regulations. The outcome of this debate could lead to significant legal changes and potential court battles.

What potential reactions from Internet service providers like Comcast and Verizon are mentioned?

What is the significance of the FCC's decision-making process as highlighted in the text?