Internet giants Google, Facebook, Amazon, Twitter and a slew of other high-profile technology companies are throwing their support behind the FCC’s plan to form new rules to keep the internet open, CNET reports. The CEOs of those companies, along with some telecommunications and media firms, such as EchoStar and XO Communications, sent a letter to Federal Communications Commission Chairman Julius Genachowski on Oct. 19, supporting his efforts to create official regulation that protects net neutrality. The process for developing these new rules, which Genachowski proposed during a speech last month, will begin at the agency’s monthly open meeting in Washington, D.C., on Oct. 21. The FCC has received several letters from lawmakers criticizing the proposed new rules, and large telecommunications and cable companies also oppose them. These critics fear that making net neutrality regulations official will hurt investment in cable and telephone networks. But the CEOs of technology companies who sent the letter to the FCC do not think the new rules will hurt investment. Instead, they believe these rules will spur innovation, because companies will not have to fear that their applications could be blocked by a larger competitor…

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