The agency voted to reclassify internet service providers under Title II of the Communications Act but says it doesn't plan to regulate prices.
Democratic FCC Chair Jessica Rosenworcel emphasized the essential nature of broadband and the need for oversight, leading to the restoration of net neutrality rules.
ISPs object to reclassification due to potential FCC pricing regulations, but the FCC has decided not to regulate prices in this instance, leaving the door open for future changes.
States have implemented their own net neutrality laws in the absence of federal regulations, with industry concerns about impeding innovation and investments.
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