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A comment on FCC Passes Strict Net Neutrality Regulations on 3-2 Vote. Parent comment

Re:FCC Passes Strict Net Neutrality Regulations on 3-2 Vote by itistoday2 on Thursday February 26, 2015 @02:31PM (#9114792)
Could someone explain for the ignorant what "rate setting" means in this context?

Does it refer to download/upload rates, or does it refer to $$ rates (between whom)?

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Re:FCC Passes Strict Net Neutrality Regulations on 3-2 Vote by URSpider94 on Thursday February 26, 2015 @02:45PM (#9114909)
It refers to setting the rate for monthly service. Title II was written to regulate phone companies, where for many years AT&T had a government-granted monopoly on phone service. In return for that monopoly, the government got the right to regulate phone rates.
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