In a not so surprising vote the FCC voted to repeal the two year old 2015 Obama Net Neutrality Rules. It is hugely debatable of what impact this will have in the short term but many fear that the consumer loses in the long term. The long term impact could mean that consumers in some way have to pay more for services. The increase could come from the ISP or in our opinion it will be the Service Providers like Netflix or Hulu charging more if they have to pay more for better access or better peering.
However, there are some saving graces. The FTC will now also help in policing ISPs since the internet is now being reclassified as an information service. So consumers can take note that their service provider wont be able to just do a bunch of massive rate hikes, at least not without the feds being able to do something. No one really knows how things will go and only time will tell. We’ll be keeping close tabs on this topic.
If you would like to read more about the FCC ruling/vote see our link below:
FCC Documents – https://www.fcc.gov/document/fcc-takes-action-restore-internet-freedom