Net Neutrality Goes Into Effect: What Consumers Should Expect - ForbesAs of Friday, June 12, the Internet is legally an open, unbiased network in the United States. Well, to be fair, it has been pretty open and unbiased, but now the net neutrality ruling is coming into effect.
Net neutrality rules were published by the Federal Communications Commission April 13, and the two-month waiting period for them to become effective ends today. The ruling is being appealed by Internet Service Providers (ISPs) like AT&T T +0.46% and Verizon, which will likely take months if not years if it has to go to the Supreme Court. In the meantime, ISPs asked the courts to halt parts of the ruling until there is a verdict on the appeal (in legal terms, this halt request is called a stay request), but that request was denied today. So net neutrality now becomes enforceable by the FCC. Will consumers benefit?
If you havent already you can read the entire 400 pages of rulings by the FCC where they unilaterally declared that they have the power to regulate the internet.
Not a court, or a democratically chosen body, but a bunch of bureaucrats. But anyway, its too late. The internet is now under the observation of the US govt and theyve come to help. Expect higher prices, stifled innovation, and govt monopolies.