Proud For Profits
  • Investing
  • Stock
  • Latest News
  • Economy
  • Investing
  • Stock
  • Latest News
  • Economy
No Result
View All Result
Proud For Profits
No Result
View All Result
Home Stock

US appeals court blocks Biden administration net neutrality rules

by
January 2, 2025
in Stock
0
US appeals court blocks Biden administration net neutrality rules

By David Shepardson

WASHINGTON (Reuters) – A U.S. appeals court ruled on Tuesday the Federal Communications Commission did not have the legal authority to reinstate landmark net neutrality rules.

A three-judge panel of the Cincinnati-based 6th U.S. Circuit Court of Appeals said the FCC (BME:FCC) lacked authority to reinstate the rules initially implemented in 2015 by the agency under Democratic former President Barack Obama, but then repealed by the commission in 2017 under Republican former President Donald Trump. President Joe Biden had encouraged the FCC to reinstate the rules.

Net neutrality rules require internet service providers to treat internet data and users equally rather than restricting access, slowing speeds or blocking content for certain users. The rules also forbid special arrangements in which ISPs give improved network speeds or access to favored users.

The court cited the Supreme Court’s June decision in a case known as Loper Bright to overturn a 1984 precedent that had given deference to government agencies in interpreting laws they administer, in the latest decision to curb the authority of federal agencies. “Applying Loper Bright means we can end the FCC’s vacillations,” the court ruled.

The FCC did not immediately comment.

The FCC voted in April along party lines to reassume regulatory oversight of broadband internet and reinstate open internet rules adopted in 2015 that were rescinded under then-President Trump. Industry groups filed suit and successfully convinced the court to temporarily block the rules as they considered the case.

The rules would give the FCC new tools to crack down on Chinese telecom companies and the ability to monitor internet service outages.

This post appeared first on investing.com
Previous Post

U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 1.11%

Next Post

Turkey stocks higher at close of trade; BIST 100 up 1.33%

Next Post
Turkey stocks higher at close of trade; BIST 100 up 1.33%

Turkey stocks higher at close of trade; BIST 100 up 1.33%

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    Trump wants to visit China again after he takes office: report

    Trump wants to visit China again after he takes office: report

    January 19, 2025
    Trump inauguration: Who is expected to attend, and who is boycotting?

    Trump inauguration: Who is expected to attend, and who is boycotting?

    January 19, 2025
    The Best Five Sectors, #3

    The Best Five Sectors, #3

    January 19, 2025
    Track all markets on TradingView

    About Proud For Profits

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Economy

    Latest News

    • Trump wants to visit China again after he takes office: report
    • Trump inauguration: Who is expected to attend, and who is boycotting?
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 proudforprofits.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Economy

    Copyright © 2025 proudforprofits.com | All Rights Reserved