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FCC Nixes Internet Fast Lanes, Closing Loophole That Worried Experts
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FCC closes net neutrality loophole that could have left customers paying more for faster gaming apps
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Fri, May 7th 2021 6:12am
Karl Bode
If there s one thing that the U.S. broadband industry is terrified of, it s price regulation. The idea that the government might eventually cap the rates regional monopolies can charge in the absence of meaningful competition keeps a lot of executives up late at night. But despite a lot of fear mongering by telecom industry folks on this front, the U.S. has never really gotten even close to that reality. Repeatedly, even the most modest of non-price related regulatory telecom oversight efforts (from net neutrality to privacy) are routinely and easily dismantled by powerful lobbyists either before they can take effect or not long after.