FCC votes to repeal net neutrality regulations today, what you need to know

It’s December 14, and today, the Federal Communications Commission (FCC) is expected to vote on repealing Obama-era regulations to preserve net neutrality.

The move is great for telecommunications and internet giants, but not so great for consumers.

Consumers will most likely start paying more if they want to access specific internet content. It could also throttle speeds for certain sites that aren’t on the “good books” of the ISPs.

At the FCC’s monthly meeting commencing at 10:30 am ET today, the Republican-run commission is almost guaranteed to vote to repeal existing rules from 2015.

While the decision could be bad news for consumers, it may also put pressure on certain services like Netflix or YouTube to pay ISPs to make sure their content is delivered at the best speeds possible.

This fast-lane-slow-lane problem is at the heart of what current net neutrality rules attempt to prevent. If today’s vote is successful – by FCC Chairman Ajit Pai’s definition – then it could burgeon into a massive issue.

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