Law360, New York (January 26, 2007, 12:00 AM EST) -- The November elections have increased the likelihood that the new Congress will act on net neutrality legislation. The chances for congressional action received a major boost recently when the Federal Communications Commission (FCC) agreed to accept certain conditions offered by AT&T and BellSouth to secure approval of their $85 billion merger, the largest telecom merger to date.
While the text of the order is not yet available, the terms of the parties' commitments regarding net neutrality and other issues have been released.
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.