http://news.yahoo.com/the-fcc-will-v...214646803.html
What is net neutrality? The elusive term, coined by Columbia Law School Professor Tim Wu in 2003, refers to the concept of an open Internet, wherein all data — from music-sharing sites to social networks to personal blogs — exists on a level playing field, free from discrimination.
Discrimination, in this sense, means the ability of Internet service providers (or ISPs), like Comcast, Verizon or AT&T, to act as Internet gatekeepers — controlling not only which websites, apps or other content is available online, but the speed at which that content may be accessed. In other words, if an ISP like Comcast charged a premium for faster service, it would give the Internet’s big money makers a major leg up over smaller, less profitable sites. Not only would users be forced to choose between waiting a painfully long time to download a song for free on SoundCloud and paying to listen instantly on iTunes, ISP fees might push sites like YouTube to start charging for things we’ve long grown accustomed to receiving for nothing.