Google Inc. is a company that is known for swimming in free waters (which is not that uncommon for giants like Google Inc. or Facebook anyway), and this freedom has allowed the company to enjoy seamless innovation opportunities to grow and expand in the online world at an exponential rate.
However, now the Android developing company seems to be swimming in unfamiliar waters, as the FCC is finally heating up the atmosphere that Google Inc. operates in. The new FCC rulings seem to be cracking down on Google’s fast speed internet, called Google Fiber, which is now being put under the canopy of direct FCC regulation.
Google Inc. (NASDAQ:GOOG) has built its big business empire without any direct FCC regulations, hence the new regulations on one of the wings of the business is a whole different area that the company is not familiar with.
Google earns almost $66 billion in revenue every year, and any sort of regulations can and will seriously affect the business that is used to a non-regulated environment. Google has been built on the premise that the internet should be absolutely free and without any sort of government intervention; a platform that allows users to be absolutely free, without any sort of direct government intervention that may hamper the freedom that people are entitled to as citizens of the cyber world.
The FCC move comes as a shock to most industry analysts, who had pegged the company as one of the top most lobbyists in the US against internet regulation. Google, according to documented and undocumented sources, has invested billions of dollars to keep the internet free from regulation, at least as far as its own interests were concerned. To have the company come under fire by the FCC is a shocking turn of events, which could indicate a possibly more independent FCC and/or weaker force by Google Inc. as a lobbyist in the industry.
Google Fiber is an internet service provider that allows for speeds of up to 1Gb/second in select neighborhoods all over the US. The company also provides television services along with the internet service to users in even fewer locations of the country. This is one area that regulations will affect the company, as the FCC requires telecommunication companies to standardize the quality of output that they may provide in all areas of service provision, without discrimination. Also, there is also a crackdown on the price service providers may put on for their services, which will also affect Google’s decision to expand its operation of fiber optic internet in the US.
However, analysts are of the opinion that Google Inc. (NASDAQ:GOOGL) may not be so worried about the FCC regulation after all. The company, which has been handling regulation authorities and legal cases for over 2 decades, has had way too much experience in the field to not know how to handle the newest regulations that are being put on the business of the company. According to experts, Google will somehow avoid taking a toll with the new regulations. Only time will tell how the company handles itself in these circumstances.
