This is bad, bad news for all of us...

vnunet.com: (h/t Scarecrow)

The Federal Trade Commission (FTC) has decided to abandon net neutrality and allow telecoms companies to charge websites for access. The FTC said in a report that, despite popular support for net neutrality, it was minded to let the market sort out the issue. This means that the organisation will not stand in the way of companies using differential pricing to make sure that some websites can be viewed more quickly than others. The report also counsels against net neutrality legislation.

Information Week via Save The Internet:

The news story about the FTC report notes that "the FTC sided with high-speed Internet providers such as AT&T and Verizon," and trotted out once again hollow justifications like "such rules could stifle innovation" and ""This report recommends that policy makers proceed with caution in the evolving, dynamic industry of broadband Internet access, which generally is moving toward more - not less - competition," which it probably didn't even think up itself, but copied from industry propaganda.[..] Technological innovation in broadband access is a threat to corporate profits, and the FTC report comes down on the side not of the public interest but of the private interests. As a government policy, this isn't working. Communication Workers of America union puts it this way: Our reliance on market forces, deregulation, and inadequate governmental programs has not served us well. We invest relatively less on communications; we are charged more for slower speeds; millions encounter a significant digital divide based on income and geography, and unionized jobs with good wages and benefits are being replaced by low-wage jobs with less training and higher turnover.

Afraid of the potential stifling of information to you? Good. Then go to Save The Internet and see what you can do to fight. There are literally only days left for you to get your voice heard.