An anonymous reader writes "In a statement of policy on Tuesday, the White House announced that President Obama will veto upcoming legislation that would undermine the FCC's net neutrality rules. According to the statement (PDF), the rules 'reflected a constructive effort to build a consensus around what safeguards and protections were reasonable and necessary to ensure that the Internet continues to attract investment and to spur innovation.' The statement continued, 'It would be ill-advised to threaten the very foundations of innovation in the Internet economy and the democratic spirit that has made the Internet a force for social progress around the world.'"
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