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FCC Approves New Net Neutrality Plan

The Federal Communications Commission voted 3-2 to approve new net neutrality rules, including favoring the creation of an internet fast lane, Gigaom's Stacey Higginbotham reports: "The FCC is proposing that it should use the authority that it has under Section 706 of the 1996 Telecommunications Act to regulate net neutrality, which unfortunately leaves the rules open to the possibility of paid prioritization."