This is historical by now, but I was curious about it so I checked:
“We strongly support the principle of an open Internet,” Cisco CEO John Chambers wrote in a letter to Congressman Joe Barton, who chairs the House Energy and Commerce Committee. “We must, however, balance the fact that innovation inside the network is just as important as innovation in services and devices connected to the Internet. Broadband Internet access service providers should remain free to engage in pro-competitive network management techniques to alleviate congestion, ameliorate capacity constraints and enable new services.”
Chambers makes one very excellent point: most of the talk about Internet innovation in DC is about services attached to the Internet, and not the system of lines and routers itself. The neutrality regulations would stifle innovation in the core structure of the Internet, which will eventually lead to stagnation in the services space, even worse than the stagnation we’ve seen since the Bubble burst. That can’t be good.