FCC to Review Netflix vs. ISPs Spat

    The Netflix logo is is shown on an ipad in Encinitas, California, April 19,2013. Netflix Inc reported on April 22, 2013 a first-quarter profit that beat Wall Street expectations as the dominant video rental service added new streaming subscribers in the United States. Netflix shares soared to $207.39 in after-hours trading, rising 19 percent from a close of $174.37 on Nasdaq. For January through March, Netflix recorded $19 million in net income, excluding a loss for retiring debt, and adjusted earnings per share of 31 cents. Picture taken April 19, 2013.    REUTERS/Mike Blake  (UNITED STATES) - RTXYW4I

    Mike Blake/Reuters

    While Netflix and Internet service providers like Verizon and Comcast continue to point fingers at each other over who is causing slow web download speeds, the Federal Communications Commission has said it will review the agreements between Netflix and ISPs to determine if they are causing the Internet speed slowdown. “At the heart of this is whether ISPs that provide connectivity in the final mile to the home can advantage or disadvantage content providers, and therefore advantage or disadvantage consumers,” FCC Chairman Tom Wheeler said on Friday. The agency is asking several ISPs and content companies to provide details, what Wheeler says amounts to “collecting information, not regulating. We are looking under the hood. Consumers want transparency. They want answers. And so do I.”

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