What Google really wants with Net Neutrality

Several months ago, following the lead of Illinois Sen. Dick Durbin, Congress passed and President Barack Obama signed into law legislation that included a provision capping what banks can charge retailers for electronic interchange fees. Being rational, the banks tried to offset the revenue loss created by the cap by shifting the burden on to their customers. The most transparent way many banks chose to do this was by assessing a minimum fee for all debit-card holders.

Due to the uproar which ensued, however, the transparent approach was dropped and is likely to be replaced with hidden fees that customers will likely find hard to see sometime in the future.