Economics

Verizon’s Victory Over FCC Rules Seen as a Loss for Netflix

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Verizon Communications Inc.’s legal victory over the Federal Communications Commission lets the carrier charge extra fees for speedier delivery of online content, potentially increasing costs for Netflix Inc. and other Internet companies.

The U.S. Court of Appeals in Washington decided in favor of Verizon yesterday, striking down the FCC’s so-called net-neutrality rules. The regulations would have required Internet service providers to treat all online traffic equally, rather than giving preference to companies willing to pay extra fees for faster service.