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And Internet providers have shown that they are not above using emergencies to exploit their gatekeeper power for financial gain. Just two years ago, when massive fires threatened the lives of rescuers, emergency workers, and residents, the Santa Clara fire department found that it's "unlimited" data plan was being throttled by Verizon. Internet access on a vehicle the department was using to coordinate its fire response slowed to a crawl. When contacted, the company told firefighters that they needed to pay more for a better plan. Without SB 822, Californians – and not just first responders – could find themselves in the same situation as the Santa Clara Fire Department: unable, thanks to throttling or other restrictions, to access information they need or connect with others. We hope the court recognizes how important SB 822 is and why the telecom lobby shouldn't be allowed to block its enforcement.
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Wall Street's main indexes fell on Friday as the longest period of employment growth on record in the United States came to an abrupt end, with data showing that hundreds of thousands of people lost their jobs last month due to the coronavirus. The Labor Department's report confirmed that a recession was underway as business activity came to a standstill, but investors fear it did not reflect the full extent of the economic pain as the survey considered data until mid-March. With the S&P 500 down about 25% from its mid-February record highs, or nearly $7 trillion in market value, analysts said the magnitude of the decline in payrolls had been priced in to a large degree. "The market already knew that job losses recently have been historic and tremendous, " said Russell Price, chief economist at Ameriprise Financial Services Inc in Troy, Michigan. "We are coming to terms with just how significant this is going to be. The data will be very bad before it gets much worse in April and May, before we start seeing improvements. "
Schools and libraries are justifiably concerned that without net neutrality protections, paid prioritization schemes will degrade access to material that students and public need in order to learn. SB 822 addresses that by ensuring that large ISPs do not take advantage of their stranglehold on Californians' Internet access to slow or otherwise manipulate Internet traffic. The large ISPs also have a vested interest in shaping Internet use to favor their own subsidiaries and business partners, at the expense of diverse voices and competition. Absent meaningful competition, ISPs have every incentive to leverage their last-mile monopolies to customers' homes and bypass competition for a range of online services. That would mean less choice, lower quality, and higher prices for Internet users—and new barriers to entry for innovators. SB 822 aims to keep the playing field level for everyone. These protections are important all of the time, but doubly so in crises like the ones California now faces: a pandemic, the resulting economic downturn, and a state wildfire emergency.