After a long history of debate, Google and Verizon finally came to a basic framework of proposed net neutrality policy.  The policy would look to regulate wired traffic, ensuring that "legal" traffic was not slowed and that ISPs would not be able to charge premiums for "speed lanes".

The Federal Communications Commission, which is currently in the process of crafting net neutrality legislation to bring before Congress, was surprisingly dismissive of the proposal in a brief public comment.

FCC Chairman Michael Copps remarks [PDF], "Some will claim this announcement moves the discussion forward.  That's one of its many problems. It is time to move a decision forward—a decision to reassert FCC authority over broadband telecommunications, to guarantee an open Internet now and forever, and to put the interests of consumers in front of the interests of giant corporations."

The comment raises questions about exactly what kind of net neutrality "authority" the FCC is seeking over the nation's ISPs and internet wires.  After all, the Google/Verizon proposal called for mild FCC regulation and a fine architecture for those who don't comply, with fines of up to $2M USD.

It should be interesting to see exactly what the FCC has in mind instead.

The FCC taking input from Google, Verizon, AT&T, Microsoft, and others in the process of crafting its net neutrality legislation.  It is unclear when it will finish the draft of its legislation for Congress.