Snap is worried that losing net neutrality could ‘seriously harm’ its business

Snap, Inc., the parent company of Snapchat, filed its IPO paperwork Feb 2, and there’s lots of information about the company and its business contained inside. The company is required to list the various risks and threats it might face as it attempts to grow, and while some of them seem obvious — the company points out that it doesn’t control the iOS and Android operating systems the Snapchat app runs on, for example — there’s also a pointed callout of potential network neutrality changes. They wrote, "If the FCC, Congress, the European Union, or the courts modify these open internet rules, mobile providers may be able to limit our users’ ability to access Snapchat or make Snapchat a less attractive alternative to our competitors’ applications. Were that to happen, our business would be seriously harmed."