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Title II Would Endanger Edge Companies' Stocks, Warns Georgetown's Kovacs

Edge companies’ stocks are “as vulnerable to being devalued by the FCC’s move to Title II” in a net neutrality order as broadband providers’ stocks, wrote Anna-Maria Kovacs, visiting senior policy scholar at Georgetown University’s Center for Business and Public…

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Policy, in a paper released Tuesday. “As the FCC engages in its Procrustean task of trying to fit [broadband Internet access providers] into Title II, it is unlikely to be able to keep the knife away from content delivery networks (CDNs), peering and transit providers, and providers of VOIP, texting, tweeting, social media, and content,” Kovacs wrote. “These entities, by equally arbitrary means, could also be sliced and diced into something they never intended to be. All parts of the Internet ecosystem are at risk of being forced to deconstruct their service offerings. ... No one will be safe.” Kovacs urged Congress to step in.