Thursday, December 14, 2017

Consumers Win With Upcoming FCC 'Net Neutrality' Vote | Stock News & Stock Market Analysis - IBD

Consumers Win With Upcoming FCC 'Net Neutrality' Vote | Stock News & Stock Market Analysis - IBD:
"The Federal Communications Commission will soon vote to undo net neutrality, an Obama-era power grab.
Despite many claims to the contrary, this move by the FCC would be the right decision for consumers and end the agency's micromanagement of the internet.
...former FCC Chairman Tom Wheeler...order put five unelected government regulators at the FCC between consumers and ISPs, drastically expanding FCC's power.
Image result for Net Neutrality Pros and ConsOver the past decade, the debate over net neutrality has been warped by activists who support government having a significant role in the operation of the internet. 
...Instead of being a fight over anti-competitive business practices, today's net neutrality debate is about something called "paid prioritization," a technical term used to describe an agreement between a content provider and a network owner.
Under a paid prioritization agreement, a content provider's data can travel on less-congested network routes in exchange for an agreed-upon fee.
Like taking a toll road, when networks are clogged with data during high-traffic times of the day, prioritization agreements allow consumers to receive requested data faster. 
All kinds of data — emails, funny cat videos, your Twitter feed — travel over the internet, but some data types are more tolerant of delays or temporary congestion than others..."
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