This year, we may be kissing goodbye to internet as we know it. Up until now, the Internet has been enjoyed freely by many people by simply paying a flat rate for their usage (in most cases).
On February 26, 2015, the FCC will be voting on “net-neutrality” rules which is far less innocent than it sounds, right? What this really means is government control over the internet where the government would set the rates, regulations, and terms and conditions of internet usage.
No longer would consumers have a choice between slow internet and fast internet, at least not a choice that is determined by a price point.
Title II of the Communications Act is an outdated law written for the purpose of regulating rapidly-expanding technologies like telephone and radio service. It governs “common carriers,” which are public utilities subjected to hundreds of pages of federal regulations designed to ensure that they act “in the public interest” by providing the exact same service, at the same rate, to everyone.
Mr. Wheeler says the FCC will apply Title II of the 1934 Communications Act—a Depression-era law designed to regulate phone monopolies—to today’s dynamic and decentralized Internet. In November President Obama called for this embrace of Title II—a radical departure from Clinton-era light-touch policies and a clear loser for the Internet and consumers. Source
The path the FCC decides to take can drastically change the future of the internet. If they rush down the Title II lane, there will likely be a number of negative consequences including less people investing in the Internet, crippling the advancement of technology, not to mention even more taxes and fees on consumers.