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President Obama has called for the Federal Communications Commission to impose tougher regulations on high-speed Internet providers, but agency Chairman Tom Wheeler says he prefers a more nuanced solution. Wheeler told a group of business executives that he’s moving toward an approach that would deliver some of what Obama wants but also would address the concerns of the companies—such as Comcast, Time Warner Cable, and AT&T—that provide Internet access to millions of Americans. “What I’ve got to figure out is how to split the baby,” Wheeler reportedly said. The dissonance between Obama and Wheeler has the makings of a major policy fight affecting multibillion-dollar industries.