Obamanet Approved; Former FCC Chairman Says New Taxes Assured

Internet service providers like Comcast, Verizon, AT&T, Sprint and T-Mobile now must act in the “public interest” when providing a mobile connection to your home or phone, under rules approved Thursday by a divided Federal Communications Commission.

The plan, which puts the Internet in the same regulatory camp as the telephone and bans business practices that are “unjust or unreasonable,” represents the biggest regulatory shakeup to the industry in almost two decades. The goal is to prevent providers from slowing or blocking web traffic, or creating paid fast lanes on the Internet, said FCC Chairman Tom Wheeler.

The 3-2 vote was expected to trigger industry lawsuits that could take several years to resolve. Still, consumer advocates cheered the regulations as a victory for smaller Internet-based companies which feared they would have to pay “tolls” to move their content.

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