UPDATE 2 - In a 3 to 2 vote, they killed Net Neutrality. But all is not lost!
We can still get Congress to stop this—by passing a "Resolution of Disapproval" to overturn the FCC vote. Visit https://www.battleforthenet.com/breaktheinternet/ to see how you can help!
Net neutrality is the principle that Internet Service Providers and governments regulating most of the Internet must treat all data on the Internet the same, and must not discriminate or charge differently by user, content, website, platform, application, type of attached equipment, or method of communication. For instance, under these principles, internet service providers are unable to intentionally block, slow down or charge money for specific websites and online content.
Here is a video produced by the Wall Street Journal with their own explanation:
The FCC commissioner Ajit Varadaraj Pai (@AjitPaiFCC), a former cable lobbyist, plans to eliminate the Title II net neutrality regulations. With the removal of these regulations ISPs will be free to charge consumers for the content (websites, videos, music, games, etc.) that they currently enjoy. They'll also charge the providers of those services so they they are not slowed down, or blocked, and this cost will most likely be passed on again to you the consumer.
Why would ISPs do this? Well, one reason is that some ISPs are part of larger organizations that compete with that content. For example, if you get your internet through Comcast, and you enjoy watching Netflix that service competes with Comcast's Cable TV service, so they have incentive to slow down or block that competition.
You may be thinking that ISPs would never do this to their customers, but ISPs in countries without Net Neutrality regulations are already charging their customers for web services they used to enjoy at no extra cost.
Please visit https://www.battleforthenet.com and see how you can help.
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