00:00 It's Benzinga and here's what's on the block.
00:02 The vote is in. The FCC voted 3-2 to restore net neutrality rules, which prevent internet
00:09 providers from favoring or blocking certain sites and apps. The rules ban practices like
00:14 throttling, blocking, or reserving faster speeds for sites willing to pay more.
00:18 Experts say that state laws help curb internet providers' abuses even without the federal rules.
00:24 Now, net neutrality requires providers to treat all internet traffic equally without
00:28 incentives to favor partners. The FCC chair says that broadband is now essential,
00:34 not a luxury, necessity of protection. For all things money, visit Benzinga.com.