The Federal Communications Commission held a high-profile, open meeting Thursday amid disruptive protests that resulted in the regulator voting to allow companies to pay for priority Internet content delivery.
The 3-2 vote threatens to upend the entire business model of online content. Some critics – some of which protested at the meeting and had to be removed – argue that the rules agreed upon by the FCC will lead to anticompetitive conduct among content providers, ultimately leading to higher prices for consumers. Advocates of net neutrality argue the FCC rules do not favor an open Internet.
But the FCC’s head Tom Wheeler has vowed to protect net neutrality to ensure that Internet service providers cannot outright block the delivery of web content He has also promised to enforce these rules in a way that protects consumers and competition.
Four months of public comment are to follow the FCC’s Thursday vote. The commissioners will then vote again on the redrafted proposals – twice previously rejected by a court – and eventually enact final rules on the matter.
FCC spectrum auction rules
The regulator also voted Thursday to controversial spectrum grab caps for its planned wireless auction next year.
The nation’s top wireless contenders, AT&T and Verizon, had slammed the FCC’s proposal to cap the amount of spectrum a company can acquire at the auction to ensure enough spectrum is available for grabs for smaller companies.
AT&T had gone so far as to threaten a boycott of the auction if those caps were enforced, but later retracted the threat.
The FCC voted 3-2 to the spectrum caps Thursday.
Full content: The Washington Post and Reuters
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Chamber of Commerce Sues to Overturn FTC Non-Compete Ban
Apr 24, 2024 by
CPI
FTC Chief Warns of Healthcare Price Fixing Risks Amid Tech Advancements
Apr 24, 2024 by
CPI
Amazon’s Investment in Anthropic Faces Antitrust Scrutiny
Apr 24, 2024 by
CPI
Italian Antitrust Authority Fines Amazon €10 Million for Unfair Trade Practices
Apr 24, 2024 by
CPI
Tuta Mail Raises Alarm Over Google Search Ranking Plunge Amidst DMA Rollout
Apr 24, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI