I think that largely, major telecoms and ESPECIALLY cable companies are lying here, and are quaking in their boots; of the FCC actually takes action, they will HAVE to follow suit. After all, it was the FCC that had the power to end analog television, and usher in the era of digital-only television.
It's pretty sad; in the United States, Internet services lag badly behind many other countries... Not, of course, due to any degree of lack of technology, since the USA has been the progenitor of all higher-speed Internet technologies, but rather, due to major cable and telephone companies dragging their feet. They LIKE the cash cow they have now. They don't care about whether America succeeds or fails; they just care about the very next quarter's profit margin. So if they can continue gouging huge monthly fees for services that currently cost them next to nothing to provide, by all means they'll try to keep it.
[citation][nom]Shin0bi272[/nom]You find for me the line in the constitution that allows the FCC to even exist[/citation]
Apparently you failed at US Government? It's right there, as one of the most well-known and famous parts of the US Consitution. It's Article I, Section 8, Clause 3, otherwise known as the "Commerce Clause." (that's right, the Constitution has things OTHER than the Bill of Rights)
(The Congress shall have power) "To regulate commerce with foreign nations, and among the several states, and with the Indian tribes;"
There you have it. Congress has the power to regulate Commerce. And the FCC is an agency created by an act of Congress to act in its name; specifically, it is granted purpose and mission by Title 47 of the United States Code. And with these powers, it is that all communications-related business in America basically operate at the FCC's, and in turn Congress', pleasure, and it's been this way for over 200 years.