AS EXPECTED: FCC Adopts Net-Neutrality Rule Backed by Obama for Internet by a 3-2 Vote

FCC Adopts Net-Neutrality Rule Backed by Obama for Internet
by Todd Shields
Bloomberg Business
Feb 26, 2015
http://bloom.bg/1BBzCC3

[snip]

(Bloomberg) -- U.S. regulators invoked broad powers to ensure that Web traffic for all users is treated equally, adopting net-neutrality rules that supporters say will preserve a wide-open Internet and that opponents vow to fight in court.

The measure approved Thursday by the Federal Communications Commission prohibits companies such as AT&T Inc. and Comcast Corp. from blocking or slowing online traffic and from offering faster service in return for payment. It also brings wireless Internet service fully under the rules for the first time.

The 3-2 vote on party lines by FCC commissioners enshrines a regulation backed by the Obama administration and opposed by cable and telephone companies, which say the rules risk stifling a fast-growing Internet and will lead to rate regulation. FULL REPORT