Clock ticks down on Internet speed debate

This is Etsy - Don't be fooled by the unusual decor.

The arsty e-commerce site is big business, with a million people selling over a billion dollars in crafts and other goods last year.

Etsy's not a fan of the way the FCC's proposes to uphold "net neutrality", the idea that all web traffic should be treated equally.

Etsy's head of policy Althea Erickson worries it would stifle innovation:

SOUNDBITE: ALTHEA ERICKSON, HEAD OF POLICY, ETSY (ENGLISH) SAYING:

"It's really hard to imagine Etsy succeeding at the scale it has under the chairman's proposed rules."

And it's not just them.

Traffic on the FCC website was fast and furious Tuesday.. so much so - it crashed, prompting the agency to move the initial public comment deadline to Friday.

While prohibiting internet service providers - or ISPs - from blocking certain websites, the FCC proposal leaves the door open for priority deals between content companies and ISPs.

Erickson says that