Regulations: When FCC Chairman Ajit Pai announced plans to repeal the Obama administration’s heavy-handed “net neutrality” regulations, critics acted as if the world were coming to an end. Actual consumers, however, aren’t likely to notice any difference, because the “problem” those rules were supposed to solve has always been wildly exaggerated.
Net neutrality sounds at first blush like a noble goal. Internet service providers shouldn’t, the argument goes, be allowed to favor some traffic over others, either by throttling speeds, charging more or taking any other action that discriminates against bits of data crossing their network.
But to enforce the rules, the Obama administration had to treat ISPs as if they were monopoly phone providers, which let the government not only impose net neutrality requirements, but gave it sweeping authority to regulate everything the ISPs did.
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