FCC Chairman Announces Plan To Regulate Internet As Utility

It appears that proponents of “net neutrality” are this close to winning their battle. On Wednesday, FCC Chairman
Tom Wheeler announced a plan that would regulate the internet much like phone service or any other utility. And the government is big fans of net neutrality.

Among other things, Internet service providers, including those selling wireless connections, would be prohibited from slowing down or speeding up web traffic, which means no “fast lanes” for higher fees. Also comes the ability to regulate price to some degree, if the government feels consumers are being gouged. Government overreach? The FCC will vote Feb. 26 on his proposal.

ABC’s Scott Goldberg joined us from New York.

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