President Obama is strongly committed to net neutrality in order to keep an open Internet that fosters investment, innovation, consumer choice, and free speech. The announced action by FCC Chairman Genachowski, building on the work of Chairman Waxman's collaborative effort to craft legislation in this area, advances this important policy priority.

We recognize that this announcement reflects a significant amount of effort on the part of numerous broadband providers, Internet applications developers, content providers, consumer groups, and others to finding a thoughtful and effective approach to this issue. Today's announcement is an important step in preventing abuses and continuing to advance the Internet as an engine of productivity growth and innovation.