BusinessWeek looks at pending law reform that could give telephone and cable companies a lot of control over internet sites such as Google, Yahoo, Amazon, eBay and more.
That prospect is the worst nightmare of Internet stars such as Google (GOOG) , Amazon (AMZN), and eBay (EBAY). They’re gearing up for a clash with the phone and cable giants early next year as Congress begins to redraft the telecom laws for the broadband era. The Internet gang fears that unless they get lawmakers to intervene, the network operators will soon be able to put a chokehold on the Web. “The issue is about the future of the Internet,” says Alan Davidson, Google’s Washington policy counsel.
How bad could it get?