Jimmy Higgins
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FCC Approves new rules as it labels Internet as utility.
This is good stuff.article said:Federal regulators moved forward on Thursday with a net neutrality plan to protect openness on the Internet by treating the online world more like heavily regulated telecommunications markets.
New rules from the Federal Communications Commission adopted on a 3-2 vote will prohibit Internet service providers like Comcast (CMCSA) and Verizon Communications (VZ) from discriminating against any web site or online service. That means sites like Netflix (NFLX) or Google’s (GOOGL) YouTube won’t have to pay extra fees or face sluggish connections with their users. And new sites and services will be able to reach everyone on the Internet on the same terms as the big players.
Yeah, the opponents to decent regulation will say anything.article said:The FCC would not regulate the price of Internet services under the new rules and would not impose any new taxes or government-mandated fees. Nonetheless, opponents said they feared price regulations and new taxes would come eventually, further discouraging investment.