Microsoft Facing Shareholder Net Neutrality Vote
Ed Oswald writes on BetaNews:
Microsoft is attempting to quash a shareholder movement to have it explain its net neutrality position, asking the Securities and Exchange Commission if it could legally remove the proposal from its proxy vote sheets without facing any kind of penalty. The company is arguing that the issue is part of its day to day business and can be excluded under securities laws.More here.
The motion was brought forth by The Free Enterprise Action Fund. The fund claims that net neutrality is needless new government regulation, and said Microsoft owes its shareholders an explanation. The group says the company's focus should be on innovation rather than regulation.
posted by Fergie @ 7/26/2006 10:22:00 AM
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