The FCC voted 3-2 Thursday to regulate broadband internet and ban companies from paying for so-called “fast lanes” that would prioritize content.
Net neutrality is the concept that all content should be able to flow through the internet at the same speed. If rich companies are allowed to pay (ISPs) for faster access to customers, it’d give them an unfair advantage over smaller companies that may have a better product. It would effectively keep those companies from being able to compete on a level playing field.
It would regulate both wired and wireless broadband under something called Title II, which means internet service would be classified as a utility just like phone lines.
Read more: http://www.businessinsider.com/fcc-broadband-title-ii-proposal-2015-2#ixzz3SsPMea8G
