Verizon CEO Slams FCC on Net Neutrality

Verizon Communications Inc. (VZ) Chairman Ivan Seidenberg on Wednesday had some harsh words for the Federal Communications Commission a day ahead of its planned vote on open Internet rules, adding to what has become a fever pitch of public debate over the proposal.

The speech was delivered on the same day that 30 business investors in technology companies sent a letter to FCC Chairman Julius Genachowski praising the rules.

In a speech before the SUPERCOMM 2009 conference in Chicago, Mr. Seidenberg said it would be a “mistake, pure and simple” for the FCC to impose a “burdensome regime” of regulation on the Internet, particularly if the rules apply only to Internet service providers like Verizon and not Web companies like Google Inc. (GOOG).

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