By tech editor Ian Bush

PHILADELPHIA (CBS) — President Obama is taking a stand on net neutrality, and Comcast and other cable companies don’t like it one bit.

READ MORE: Woman Beaten To Death With Pipe In Old City, Philadelphia Police Say

The FCC heard from nearly four million online commenters on the issue.  Now, in an official video, Pres. Obama says he sides with those who don’t want companies to be able to pay for “fast lane access” to your computer (or smartphone) screen.

The president’s stance supports government regulation of the Internet as a public utility — similar to traditional phone lines, according to Engadget senior editor Ben Gilbert.

“If you call your mother, it’s just as fast as if you called Comcast or any other company,” Gilbert explains. “Basically, the concept is that big companies could afford to alter the way that utility works so there is easier access to them.”

But in a statement, Comcast vice president David Cohen says classifying the Internet under what’s called “Title II” would be intrusive and “would harm investment and innovation.”

READ MORE: New Jersey Requires COVID-19 Vaccine For Health Care Workers, Ending Test Options Amid Latest Surge

He points toward “today’s immediate stock market reaction” — drops between two and four percent in Comcast, Time Warner, Cablevision, and Charter Communications stock prices — as evidence of the “radical reversal” that a “full-blown Title II regime” would be for the Internet.

Cable companies want to be able to reach deals with online services like Netflix, Amazon, and Youtube to move their content faster.  They say “fast lanes” is a mischaracterization, since other content you’re browsing wouldn’t be slowed.

The FCC doesn’t have to listen to the president, or to the cable companies.   The commission is expected to decide on net neutrality rules by the end of the year.

More CBS Philly Tech News

MORE NEWS: West Philadelphia's Cobbs Creek Golf Course Set To Be Restored