The FEDERAL COMMUNICATIONS COMMISSION voted to repeal net neutrality protections.
CNN reports, "The rules, approved by the FCC in 2015, were intended to keep the internet open and fair. Internet service providers like COMCAST and VERIZON were explicitly prohibited from speeding up or slowing down traffic from specific websites and apps. Under the new proposal, the FCC would do away with rules barring internet providers from blocking or slowing down access to online content. The FCC would also eliminate a rule barring providers from prioritizing their own content."
FCC Chair Ajit Pai is an longtime critic of net neutrality rules. Last month he was quoted as saying the repeal would stop the federal government from "micromanaging the internet." The telecom industry supports Pai's plan, while numerous technology companies and consumer advocacy groups are lined up against it.
Net Neutrality is a rather complex topic, so for more on the FCC's decision, check out this article