Federal regulators reportedly plan to junk net neutrality, the Obama-era safeguard designed to guarantee that all web traffic is treated equally.

FCC Commissioner Ajit Pai is expected to announce the policy switch Tuesday, in a victory for telecom giants, sources familiar with the plans told Politico.

Current regulations bar internet service providers — such as AT&T, Charter and Verizon — from speeding up or slowing down specific content.

Net neutrality supporters fear that telecom companies will block or slow traffic from rival apps. They also say consumers might have to pay more to access certain sites or services.