The Digital Hobo

Wendy Davis at Mediapost reports that Comcast has agreed to settle the class action lawsuits regarding bandwidth throttling for up to $16 million.

The FCC had accused Comcast of violating their net neutrality principles by slowing or blocking peer-to-peer traffic on their network.

The settlement allots for a maximum of $16 credit to people affected. Frankly, I just don’t get it. $16 million isn’t much money to a company like Comcast (buying NBC for $30 BILLION…paying their COO $20 mil over 5 years), and $16 whole dollars doesn’t seem like much when my monthly cable bill is nearing $200. Is it even worth anyone’s time to go through this crap?

Comcast did not have to admit any wrongdoing, but is protected from additional lawsuits moving forward.

This entry was posted on Wednesday, December 23rd, 2009 at 10:44 am and is filed under Legal, News, P2P. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.