Big Money Boys: AT&T Doesn't Own The Net

Networking Pipeline | Blog | Big Money Boys: AT&T Doesn't Own The Net: "AT&T may not be able to hijack the Internet after all: The big money boys -- the country's biggest financial firms -- are putting their muscle and cash behind bills that would ban AT&T and other telcos from charging sites extortion-type fees for adequate bandwidth.

That's according to Reuters. Financial services firms worry that if telcos are allowed to charge higher prices for more bandwidth, the firms will be hit with massive bills, which they'd have eat or pass on to their customers."