U.S. agency prepares to hand over internet oversight to FTC

Reuters: WASHINGTON (Reuters) - The U.S. Federal Communications Commission plans to turn over oversight of internet service providers to another federal agency as it plans to vote on Thursday to revoke the landmark 2015 “net neutrality” rules.

FCC Chairman Ajit Pai last month unveiled plans to repeal the rules that prohibit internet service providers from impeding consumer access to web content. The 2015 rules bar broadband providers from blocking or slowing access to web content.

On Monday, the FCC and Federal Trade Commission said they plan to enter into a Memorandum of Understanding to coordinate efforts under the new rules. The agencies said the proposal will “return jurisdiction to the FTC to police the conduct of ISPs.”

Pai said Monday in a statement the agencies “will work together to take targeted action against bad actors.”

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