Thursday is the day net neutrality watchers have been waiting for, according to numerous reports. After months of debate, discussion and the culling of nearly 4 million public comments on the matter, the Federal Communications Commission appears poised to propose how it will regulate the Internet.
The FCC had to essentially start over on its net neutrality rules after its old rules were struck down by a federal court in January 2014. Net neutrality is the concept that your Internet provider should be a neutral gateway to everything on the Internet, not a gatekeeper deciding to load some sites slower than others or impose fees for faster service.
At issue now is how to ensure this concept. FCC Chairman Tom Wheeler floated a proposal last summer that received wide backlash from Silicon Valley companies, open-Internet supporters and even the White House. So the proposal expected on Thursday is expected to "fundamentally change the way it oversees high-speed Internet service," The Wall Street Journal reports. It will do so by proposing to regulate the Internet as a public utility, like telecom companies.
The move is supported by President Obama, who made waves last fall when he came out in support of treating Internet service providers like telecommunications companies. It subjects the ISPs to closer oversight of how they manage traffic on their networks. For example, the FCC would ban broadband providers from slowing down your Netflix streams.
Some cable companies and their lobbying groups have fervently opposed this, saying they support an open Internet and believe any additional government regulation will stifle innovation and investment. (NPR's Joel Rose on Tuesday examined whether investment would indeed be stifled.)
What would this proposal mean for you, in the short term? WSJ says not much:
"The rules shouldn't change how most consumers experience the Internet in the short-term, as they would largely codify what has been voluntary practice for the broadband industry. Down the road, however, they could make it easier for companies to offer bandwidth-hungry services such as online video-streaming without having to first seek approval or enter into business arrangements with the broadband providers.
"Changing the broadband industry's regulatory status could also have ramifications beyond the immediate question of how to enforce net neutrality. While Mr. Obama and others have said they don't want the FCC setting prices for broadband providers, a future FCC may decide differently. Reclassifying broadband as a telecommunications service may also amplify calls for the government to subsidize the deployment and adoption of broadband networks in underserved areas."
The FCC is expected to vote on Wheeler's latest proposal Feb. 26.