Net Neutrality Links
I’m adding this link to the Net Neutrality Page.
Whatââ¬â¢s Microsoft Afraid Of?
Reuters reported last week that the Free Enterprise Action Fund – which holds more than 4,000 shares of Microsoft stock – wants the company to explain its rationale for supporting Net neutrality. The fund wants to put a proposal before shareholders, for an up-or-down vote at the next meeting, which would direct Microsoft management to prepare a report ââ¬Åanalyzing the business and economic rationale, regulatory impacts, legal liabilities and any effects on product development and customersââ¬Â of Net neutrality.
Sounds reasonable enough.
But Reuters reports that Microsoft has ââ¬Åasked the Securities and Exchange Commission if it could exclude the proposal from its annual shareholder vote without facing enforcement action by the agency.ââ¬Â
ââ¬ÅWhat is Microsoft afraid of,ââ¬Â asks Tom Borelli, a portfolio manager at the Free Enterprise Action Fund.
–ME “Liz” Strauss
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