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That may have been the last good chance for legislation that would support net neutrality in its current form.
Net neutrality rules provide opportunities for businesses to reach new markets, drive innovation, and create jobs.
Schneiderman's lawsuit is a multi-state effort to the FCC in order to "stop the FCC's illegal rollback of net neutrality.
When asked how net neutrality's end could cause all this doom and gloom, the explanation requires a few steps: "When net neutrality ends, [anti-malware software] providers are now at a higher cost to service providers," he begins.
That article claimed that net neutrality rules--dating all the way back to 2015 --"prevented internet providers from blocking and throttling traffic and offering paid fast lanes.
Speaking last week at a forum event, the President of Taiwan Mobile, James Cheng, made the call for net neutrality laws in Taiwan to be scrapped.
The FCC, in a highly controversial and partisan move, voted 3 - 2 against net neutrality, scrapping the rules barely a year into Trump's administration.
The European Union adopted sweeping net neutrality rules in 2016 to ensure that internet providers in the bloc's 28 member states can't give preferential treatment to the data of any particular company or to websites paying higher prices.
Big telecom companies hate the stricter regulation that comes with the net neutrality rules and have fought them fiercely in court.
Small businesses could be disproportionately hurt by a net neutrality reversal, experts say, because they could be priced out if service providers charge businesses higher fees for access.
Reaffirming its support to Net Neutrality, BIF said that it supports the recommendation that there should be no blocking, throttling and discrimination of any content available on the Public Internet.
The draft removes almost every net neutrality rule from 2015, making ISPs the gatekeepers of the internet.