FCC votes to repeal net neutrality rules

FCC votes to repeal net neutrality rules

France will continue to defend "net neutrality" irrespective of what other countries may do, Foreign Minister Jean-Yves Le Drian said on Friday, after a United States commission voted to ditch rules on the issue.

As you probably heard by now, the FCC voted to put an end to net neutrality, effectively allowing Internet Service Providers like Verizon and AT&T to slow down, block, or charge more for certain websites.

Under the Congressional Review Act, Congress has the authority to overrule decisions by federal agencies, including the FCC.

The resolution supported by Schumer, D-N.Y., has several cosponsors in the Senate, including U.S. Sen.

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The FCC voted Thursday along party lines to reverse the Obama era rules barring internet service providers from blocking or throttling internet traffic, or offering paid fast lanes. But Trump's chairman of the FCC, Ajit Pai, had lobbied heavily to repeal the rules.

Lawmakers from both parties have criticized the FCC's action.

The Federal Communications Commission, known as the FCC, has voted to dismantle landmark "net neutrality" rules created to keep the internet free and open. The FCC rules also seek to bar states from imposing their own net neutrality requirements. "The resolution I am announcing today would press "control, alt, delete" on the FCC's recent vote and restore net neutrality once again".

Moody's Investors Service said in a note Friday the FCC vote was "credit positive" for internet service providers that could have faced rate regulation under the 2015 rules that would have treated them like public utilities.

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