Silicon Valley giants oppose FCC plan to repeal Net Neutrality

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In May, the FCC approved Pai's proposal to review the Open Internet order passed under the previous United States government in 2015, which laid down a number of rules for ISPs aimed at ensuring net neutrality.

The Federal Communications Commission plans to vote on Chairman Chairman Ajit Pai's recommendation to loosen regulation on Internet service providers. The FCC is scheduled to discuss and vote on net neutrality on December 14.

"Net neutrality" regulations, created to prevent internet service providers like Verizon, AT&T, Comcast and Charter from favouring some sites and apps over others, are on the chopping block.

"Net neutrality is the idea that the internet should be free and open for everyone", said Facebook Chief Executive Mark Zuckerberg.

Chairman Pai had said earlier this year that the 2015 net neutrality rules were a burden to businesses and innovation.

The new regulations will more business-friendly, giving ISPs more leeway in their business practices than the Wheeler-championed rules against prioritizing some content over other content, possibly for payment.

Net neutrality is the principle that all online traffic should be treated equally.

The Internet Association had also said that the repeal will actually harm investment in the tech industry as "in a world without net neutrality protections, startups would face discrimination from ISP owned or preferred content that's granted a speed advantage through paid prioritization".

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That's because the FCC is made up of three Republican and two Democratic commissioners. For example, the Obama FCC said that "zero rating" practices by AT&T violated net neutrality.

"The FCC will no longer be in the business of micromanaging business models and preemptively prohibiting services and applications and products that could be pro-competitive", Pai said in an interview, adding that the Obama administration had sought to pick winners and losers and exercised "heavy-handed" regulation of the internet. Verizon also favors repeal and less regulation.

"What Chairman Pai has proposed is unsafe and wrong, and he's going about it in the most incoherent and incompetent way possible".

Federal regulators unveiled a plan Tuesday that would give Internet providers broad powers to determine what websites and online services their customers can see and use.

- FCC is expected to share the full text of its plans tomorrow, just a day before Thanksgiving, hoping that not many eyes will catch the bad news.

Several internet companies are strongly opposed to the move.

The Internet Association, a trade group with members including Netflix, Facebook, Google and Amazon.com Inc., said "This proposal undoes almost two decades of bipartisan agreement on baseline net neutrality principles that protect Americans' ability to access the entire internet".

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