The Hype of ‘Net Neutrality’

While many people make it sound like the end of the world is approaching with the Federal Communications Commission (FCC) vote to repeal the Obama-era power grab to regulate the internet, the reality is not much is likely to change. The FCC repealed the Obama act in a 3-2 vote, but what is not being explained is they have simply restored the way everything existed before 2015. Obama administration sought to regulate internet service providers (ISPs) which were previously covered under the Telecommunications Act of 1934.

This post was published at Armstrong Economics on Dec 24, 2017.