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Will Net Neutrality Repeal Affect Your Real Estate Business?
This post contains views that are the sole opinion of the author, and these views do not necessarily reflect those of RealSupport, Inc.
Real estate agents have two major issues in front of them today - tax reform, and the proposed repeal of Title II "Net Neutrality" enacted in 2015. Of the two, the repeal of net neutrality seems most immediate, happening as soon as December 14, when the FCC board will vote on the matter.
It should be noted that the current chairman of the FCC, Ajit Pai, was formerly an attorney for Verizon - which may explain why the repeal of net neutrality has been his priority.
Pai argues that current regulations hold back innovation, investment and competition. Yet even before the 2015 legislation, there were few Internet service providers - and the same handful of major players remain dominant today, each exerting nearly complete control of a regional market. It's unreasonable to expect a sudden flurry of ISP choices with the overturn of net neutrality, no matter how consumer-friendly the argument is framed.
And prior to the 2015 legislation, Internet service providers did employ gamesmanship to block certain sites. The most famous example is the blockage of "Google Pay" by T-Mobile, AT&T and Verizon Wireless, ... more

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