The Federal Communications Commission (FCC) passed the FCC’s “Restoring Internet Freedom Order” on Thursday, which will repeal the agency’s 2015 net neutrality regulation. Chairman Pai told Fox News host Tucker Carlson on Monday, “I think what net neutrality repealed would actually mean is we once again have a free and open Internet. The government would not be regulating how anyone in the Internet service providers, how anyone else in the internet economy manages their networks.” The FCC’s Restoring Internet Freedom order will reclassify the Internet as an “information service” compared to the FCC’s 2015 net neutrality order, which regulated the Internet as a public monopoly. The order will also require Internet service providers (ISPs) such as Comcast or Verizon to release transparency reports detailing their practices towards consumers and businesses. The FCC’s net neutrality repeal order will also restore the Federal Trade Commission’s (FTC) traditional authority and expertise to regulate and litigate unfair, deceptive, and anti-competitive telecommunications practices without onerous regulations and increased cost. On Monday the FCC and the FTC agreed to share the responsibility to police unfair ISP practices regarding unfair or deceptive practices to block, throttle, or promote web content. Chairman Pai explained in an op-ed in the Wall Street Journal why repealing net neutrality will preserve a free and open internet. Pai wrote: ” We have proof that markets work: For almost two decades, the U.S. had a free and open internet without these heavy-handed rules. There was no market failure before 2015. Americans weren’t living in a digital dystopia before the FCC seized power. To the contrary, millions enjoyed an online economy that was the envy of the world. They experienced the most powerful platform ever seen for permission-less innovation and expression. Next month, I hope the FCC will choose to return to the common-sense policies that helped the online world transform the physical one.”
And they apparently did, today. Excellent!! To read the rest of this story, click on the text above.