The FCC's Open Internet rules protect your ability to go where you want when you want online. Broadband service providers cannot block or deliberately slow speeds for internet services or apps, create special fast lanes for content, or engage in other practices that harm internet openness.
A corporation that is an affiliate to the parent company. A corporation of which another company owns a significant percentage, but not a majority, of its shares. This gives the company a great deal of influence, but not outright control, of the affiliated corporation. See also: Subsidiary, Parent company.
Limited liability company (LLC) Definition. A type of business organization that offers the limited liability of a corporation and the tax benefits of a partnership. The owners of an LLC are referred to as members, whose rights and responsibilities in managing the LLC are governed by an operating agreement. An LLC is legally formed by the filing of a document called the articles of organization with a state official, usually the Secretary of State.