Billionaire Mark Cuban is an investor and star of “Shark Tank”. He was the previous owner of Broadcast.com which as sold to Yahoo, which had an array of ventures that include the NBA’s Dallas Mavericks, AXS TV and the Landmark Theatres chain. At a tech conference on Wednesday he made a point that US Federal Commission’s decision to prohibit Internet Provider’s to collect fees. They are alleged to have throttled access to certain websites and lawful content. He fears the Federal Communications Commission’s proposal to regulate the Internet would “f*** everything up.” “Net neutrality is just a demonization of big companies,” Cuban said at the Code/Media conference in California, according to Re/Code. While many of the net neutrality proponents laud this decision, Mr. Cuban seems to in the minority who sees this as a cruel approach by Feds to control internet in the future. He argues that this will hurt the big companies and it is very easy to start an internet company without these rules. For Cuban, the ideal regulatory standards for the Internet are “just as it is now.” But there are many who see the new rules as a historic moment in the history of net neutrality. Josh Levy of the pro-net-neutrality group Access Now called the plan “a historic moment in the history of the Internet,” while the equally enthusiastic Electronic Frontier Foundation dubbed it a “huge win for the open Internet.” And last year, the FCC received over 4 million comments on net neutrality. Of the first 800,000 comments, which were analyzed by the Sunlight Foundation, less than 1 percent opposed strong net neutrality rules. Well, folks what do you think?
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