FCC Chairman Ajit Pai circulated a Notice of Proposed Rulemaking with his fellow commissioners at the FCC aimed at reversing the Title II "Net Neutrality" rules adopted in 2015.
In a published speech, Pai described the Title II rules as a regulatory mistake that slowed down telecom infrastructure spending in the United States by 5.6% percent, or $3.6 billion, between 2014 and 2016 for just the top 12 Internet service providers. He said the rules...