The new rules prohibit broadband providers from blocking or slowing down traffic on wired and wireless networks. They also ban Internet service providers from offering paid priority services that could allow them to charge content companies, such as Netflix, fees to access Internet “fast lanes” to reach customers more quickly when networks are congested…

…[Internet service providers] argue that applying outdated regulation to the broadband industry will stifle innovation by hurting investment opportunities in networks. It could also allow the government to impose new taxes and tariffs, which would increase consumer bills. And they say it could even allow the government to force network operators to share their infrastructure with competitors.

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