President Obama recently announced his plan to regulate the Internet under Title II of the 1934 Communications Act. This law nurtured America’s telephone monopoly for 50 years. Under the president’s plan, Internet service would be treated like a public utility, subject to rate regulation and state utilities commission oversight. The plan Obama proposes to prevent Internet service providers (ISP) from playing favorites with content ironically reveals him to be playing favorites with content providers such as Netflix.

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