1. Federal net neutrality rules that stopped internet service providers (ISPs) from blocking or deliberately slowing lawful sites and apps (charging them if they want to access faster lanes) are now dead.
2. The FCC voted 3-2 Thursday to reclassify how internet service is regulated – in effect, dismantling the open internet rules put in place two years ago to ensure all content was treated equally. (A security threat briefly interrupted the vote, but things returned to normal after a few minutes.)
3. Advocacy groups, large web companies and some lawmakers (mostly, though not all, Democrats) have been waging a public battle to stop this move since it was announced months ago. They argue it'll hurt consumers, who could face having to pay extra for packages to access certain content.
The Big Picture
FCC commissioner Ajit Pai – a former Verizon exec who voted against the open internet proposal in 2015, and the main voice leading the charge to make these changes – argues the net neutrality rules stifle investments and innovation.
In a video for the Daily Caller, he explained you'll still be able to shop and meme and Snap to your heart's content.
But critics say the end result will still favor telecom companies and hurt consumers. The elimination of open internet rules means ISPs could sell content packages, and block services behind a paywall – say an extra $4.99 a month if you want access to sites like Netflix and Hulu.
What could that look like? Check out our previous story:
To be clear: This rule changes doesn't mean broadband companies 100 percent will do this. But there are no longer regulations stopping them from doing so.
And it could yet be subject to a legal battle, with Netflix among the internet companies saying they're preparing to take action.
More GoMN coverage of net neutrality
How the heck we got here, and what ISPs have said about net neutrality.
Amazon, eBay, Google, Netflix, Reddit, Snapchat, Spotify, Twitter, Uber and dozens of others show their support for an open internet.
The soon-to-be former Sen. Al Franken, a vocal supporter of net neutrality rules, has previously discussed the proposal.