The D.C. Circuit, 2-1, has struck down the FCC's rules imposing net neutrality, Gigaom reports. The majority said the FCC has the authority to regulate in the area of Internet traffic, but it can't impose requirements that "'contravene express statutory mandates,"' Gigaom reports.
"The upshot of Tuesday’s ruling is that it could open the door for internet giants like Verizon and Time Warner to cut deals with large content providers — say Disney or Netflix — to ensure that their web content was delivered faster and more reliably than other sites," Gigaom further reports.
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