Federal court rules against FCC net neutrality rules
U.S. Federal Communications Commission Chairman Julius Genachowski announces he is stepping down during a staff meeting at the FCC headquarters March 22, 2013 in Washington, DC.
On Tuesday, a federal appeals court in Washington struck down the Federal Communications Commission's open internet rules. The FCC had wanted to make internet providers treat all web traffic the same -- a concept known as net neutrality.
The ruling means internet service providers will be allowed to grant quicker access to websites willing to pay for the special treatment. For instance, if websites like Netflix will pay more, providers like Verizon will serve up their content faster.
Marketplace's Nancy Marshall Genzer joins Marketplace Tech host Ben Johnson to discuss.