Telecom firms face net-neutrality defeat

Source: Cecilia Kang, Washington Post (Free Registration)

Facing a major regulatory issue that could be worth a fortune in future business, AT&T has unleashed the kind of lobbying blitz that makes it one of the grand corporate players of the great Washington game.

If the Federal Communications Commission votes Thursday in favor of crafting rules to let the government oversee access to the Internet, it could be a sign of a fundamental shift of power under the Obama administration that may make K Street rethink its ways.

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