The 3 things you need to know about...​​The Repeal of Net Neutrality - Back to the Future of the Internet

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Key insights from the report include:

  • On December 14th, the Federal Communications Commission (FCC) passed the Restoring Internet Freedom Order (RIFO), repealing Obama-era net neutrality rules and preempting any conflicting state laws. This puts Internet Service Providers (ISPs) and tech companies back on the same national regulatory playing field as they were before 2015.
  • The net neutrality repeal removes restrictions on blocking, throttling and prioritization, as long as these practices are publicly disclosed. This would allow ISPs to offer new pricing arrangements and services to content providers, cloud service operators, device manufacturers and consumers.
  • This repeal along with other recent FCC deregulatory actions could create more acquisition opportunities across the digital ecosystem, enable market consolidation and further test the current antitrust atmosphere. As media content and the Internet-of-Things drive data consumption, ISPs will be looking to tech and media companies for a competitive edge within and outside of network service territories.

About PwC’s 3things publication series:

The objective of our 3things series is to highlight three key takeaways from evolving risk and regulatory issues impacting the Technology, Media and ​Telecommunications sectors. Companies in these rapidly evolving industries face increasing market and competitive risks, as well as other internal and financial risks from the challenges of managing their ​complex—and often global—businesses.​

They are also facing an uncertain regulatory environment, as regulators across the globe grapple with how to effectively implement their policy objectives in an era of unprecedented technological change. As these risk and regulatory issues emerge, we will publish further editions of 3things, aiming to provide a timely, concise and practical analyses of the issue.

Click here to read all issues in this series

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