In the speech Wednesday, Pai also reiterated past arguments that the more stringent regulations involved with the net-neutrality rules have slowed ISPs' willingness to expand and upgrade their broadband networks, and thus hurt job growth.
"Going forward, we can not stick with regulations from the Great Depression meant to micromanage Ma Bell".
"We're not just going to sit ideally by and deliver the internet to the big cable companies", Sen. "When the FCC's net neutrality rules were adopted in February 2015, the Benton Foundation proclaimed them 'the greatest commitment ever made to preserve and protect an open and free Internet.' Today, FCC Chairman Pai and Commissioner O'Rielly celebrated their latest moves to favor large Internet service providers over the American values of access and equity, democracy and diversity, opportunity and innovation".
Comcast Company is the parent company of NBCUniversal.
Pai has now issued a proposal to repeal that reclassification, called Title II, raising alarms among net neutrality advocates and throughout the tech industry.
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As part of the 2015 process, the FCC voted to assert more regulatory control over Internet providers by reclassifying them as common carriers, similar to telephone services.
Despite Pai's statement that the rules spurred a drop in capital investment, others have said that broadband investment has grown in the last two years. But the system internet providers want seems to rely on trusting them to adhere by net neutrality guidance, rather than putting in enforceable lines that they're legally bound not to cross.
Despite being a wonkish policy, net neutrality is a popular internet topic, cited by supporters and opponents as respectively either vital to or somehow an enemy of internet freedom.
At a speech to broadcasters in Las Vegas, the Federal Communications Commission chief said the commission would vote on May 18 to start the review. Americans want the Internet to remain a platform for all consumers, content creators, and innovators, regardless of their ability to pay infrastructure owners special fees for special access.
"Mobile Future supports an Open Internet and believes wireless consumers should be able to access the internet content and services of their choice", said former FCC commissioner Rob McDowell, who now advises the group.
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Is it possible for the commission to enact net neutrality protections under a lighter regulatory regime this time around?
But opponents of the repeal say that there is no reason to remove the classification, and that competition amongst the USA service providers has thrived since the change.
Pai's objections have centered around the FCC's decision to classify broadband as a telecommunications service to be regulated under a section of law known as Title II.
Pai also touted the FCC's plans to overhaul the government's' media ownership rules, saying numerous rules did not match the modern marketplace, "including one dating back to 1975". Blumenthal said, noting that about 800 USA businesses have already written to the FCC to voice opposition to changes to net neutrality. Those rules were cheered by open internet advocates - and protested vigorously by major internet providers and telecom companies.
The FCC's barriers to media consolidation go back to 1975, when the commission banned cross-ownership of a newspaper and broadcast station in the same market unless it granted a waiver, but allowed existing ownership structures to remain in place.
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Rep. Ro Khanna (D-Calif.) who represents Silicon Valley, echoed the views of many California tech giants when he criticized Pai's net neutrality proposal.