00:00 It's Benzinga and here's what's on the block.
00:02 The US Federal Communications Commission voted to reinstate net neutrality regulations,
00:07 reversing the 2017 decision under the Trump administration.
00:10 Net neutrality rules prevent internet service providers like Comcast and Verizon from prioritizing
00:15 some internet traffic over others.
00:17 The new rules will again prohibit ISPs from charging users extra fees for prioritized
00:22 access to content or blocking and slowing specific websites and apps.
00:26 The FCC had previously ruled it had authority over broadband as an information service,
00:31 but courts found it lacked mandate to impose anti-discrimination rules on ISPs.
00:36 Reinstating net neutrality aims to restore open access to the internet and prevent ISPs
00:40 from stratifying traffic through paid prioritization.
00:43 For all things money, visit Benzinga.com.
00:45 [BLANK_AUDIO]
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