Today, 12:45 PM
Federal Communications Commission (FCC) Chairman Ajit Pai on Wednesday revealed his plans for rolling back net neutrality, one of the most controversial items up for consideration at the agency.
During a speech at the Newseum in Washington, D.C., Pai said he plans to hand regulatory jurisdiction of broadband providers back to the Federal Trade Commission (FTC), an agency that critics argue is less prepared to handle them.
Originally passed under Democrat Tom Wheeler’s chairmanship, the net neutrality rules — more formally referred to as the Open Internet Order of 2015 — set restrictions on internet service providers (ISPs) prioritizing certain kinds of web traffic and throttling others. The rules were broadly aimed at establishing a level playing field for companies on the internet.
Broadband companies quickly praised Pai’s proposal.
"We applaud FCC Chairman Pai's initiative to remove this stifling regulatory cloud over the internet,” AT&T said in a blog post. “Businesses large and small will have a clearer path to invest more in our nation's broadband infrastructure under Chairman Pai's leadership.”