Now that Trump has taken office and is adorning his cabinet with fellow millionaires and billionaires, net neutrality is on the chopping block.

The principle that all internet traffic should be treated equally is all but dead. With net neutrality, Amazon, for example, can’t cut a deal with Time Warner to make its website come up faster than Walmart’s.

For all the talk of being for the common man, this administration won’t stand in the way of big businesses making deals.
The internet was built on the very idea of net neutrality.
It has a history going back more than a century in “common carrier” laws, when Standard Oil was fined for creating a deal with a railroad (also a common carrier) in which it got a “rebate” whenever a competitor shipped oil on the line.

These kinds of deals create vertical monopolies to the disadvantage of consumers, escalating prices.

They also stifle innovation as they price access to the market out of the reach of startups and inventors.To read this article in full or to leave a comment, please click here

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