Moody's ratings agency warns the proposal by the US Federal Communications Commission (FCC) to impose privacy restrictions on broadband providers, such as AT&T, Comcast, Verizon Communications and Charter Communications was "credit-negative" as it would "severely" handicap their ability to compete with digital advertisers such as Google and Facebook. The FCC is expected to vote next month whether or not to approve a plan that could allow internet service providers (ISPs) like AT&T Inc, Comcast Corp, Time Warner Cable Co, Veriz@@
Moody's ratings agency warns the proposal by the US Federal Communications Commission (FCC) to impose privacy restrictions on broadband providers, such as AT&T, Comcast, Verizon Communications and Charter Communications was "credit-negative" as it would "severely" handicap their ability to compete with digital advertisers such as Google and Facebook. These digital advertisers are regulated by the Federal Trade Commission, under a softer standard than the proposed rule by the FCC.