I have two views on this below….One from WSJ , the other at Axios…
The Federal Communications Commission Thursday voted to roll back far-reaching rules governing how internet-service providers treat traffic on their networks, a move expected to empower cable and wireless providers and transform consumers’ online experience.
The 2015 “net neutrality” rules were one of the signature regulatory actions of the Obama administration, requiring broadband providers to treat all traffic equally, without blocking or slowing content, or providing fast lanes for favored sites and services.
Republicans say the shift will unwind what they consider to be a regulatory overreach, restoring vitality to the broadband economy and benefiting consumers with more choices as well as lower prices.
The commission’s vote was 3-2, along party lines, with FCC Chairman Ajit Pai and the two fellow Republicans on the board backing the change.
Why it matters: The repeal empowers internet providers like Comcast or AT&T to charge web services like Netflix or Facebook extra fees if they want to see their content delivered faster. They also have more leeway to favor content their subsidiaries produce, or to charge customers more to access certain websites.
The debate over FCC Chairman Ajit Pai’s repeal plan has been deeply contentious. On Thursday morning, Maine Republican Sen. Susan Collins became the most prominant Republican lawmaker to call for the vote to be cancelled. Democratic comissioners have alleged the public input process was corrupted by fraudulent comments. And protesters convened outside of the FCC’s building ahead of the vote.
What’s next?: The rollback will likely be challenged in court. And some in Congress are pushing hard for a legislative fix to settle the issue once and for all or a bill to outright strip the repeal from the books.
Go deeper: What the internet landscape could look like now that the rules have been repealed….