European stocks were slighly higher, with German stocks recovering after talks collapsed to form a coalition government for Europe’s largest economy. In Frankfurt, the DAX 30 turned up 0.2% to 13,013.75, to come back from a 0.5% decline. On Sunday, the pro-business Free Democratic Party ended talks about forming a coalition government with Angela Merkel’s Christian Democratic Union and the center-left Greens. That puts Merkel’s fourth term as chancellor in doubt, and raises the prospect of a minority government or a new general election.
Here in the US federal regulators this week are expected to unveil plans for reversing Obama-era rules that require internet service providers to treat all web traffic equally. That could fundamentally reshape the internet economy and consumers’ online experiences. The changes are expected to be adopted at the Federal Communications Commission meeting in mid-Decembe. They would open the door to new opportunities for internet providers, such as forming alliances with content firms to serve up their webpages or video at higher speeds. “Paid prioritization” was blocked under the 2015 rules, which required internet service providers to make the internet equally accessible to consumers, and limited providers’ ability to favor content, including their own.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
