Google Inc. and Verizon Communications Inc. are close to finalizing a proposal for so-called “network neutrality” rules, which would dictate how broadband providers treat internet traffic flowing over their lines, according to a person briefed on the negotiations, the Associated Press reports. A deal could be announced within days, said the person, who did not want to be identified because negotiations are still ongoing. Any deal that is reached could form the basis for federal legislation and would likely shape efforts by the Federal Communications Commission to broker an agreement on the contentious issue, which has pitted the nation’s big phone and cable companies against many big internet companies. The FCC has been holding talks with a handful of large phone, cable and internet companies–including Verizon and Google–to try to reach some sort of industrywide compromise on net neutrality that all sides can accept. FCC Chairman Julius Genachowski is seeking to adopt rules that would require phone and cable companies to give equal treatment to all broadband traffic traveling over their networks.
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