FCC approves plan to allow for paid priority on Internet
by The Daily Lede
The Federal Communications Commission on Thursday voted in favor of advancing a proposal that would dramatically reshape the way consumers experience the Internet, opening the possibility of Internet service providers charging Web sites for higher-quality delivery of their content to American consumers.
The plan, approved in a three-to-two vote along party lines, could unleash a new economy on the Web where an Internet service provider such as Verizon would charge a Web site such as Netflix for the guarantee of flawless video streaming.
Smaller companies that can’t afford to pay for faster delivery would likely face additional obstacles against bigger rivals. And consumers could see a trickle-down effect of higher prices as Web sites try to pass along new costs of doing business with Internet service providers.