(BLOOMBERG) -- U.S. Federal Communications Commission Chairman Ajit Pai on Tuesday proposed vacating Obama-era net neutrality rules, handing a victory to broadband providers such as AT&T Inc. and Comcast Corp. that oppose the regulations.
“I look forward to returning to the light-touch, market-based framework that unleashed the digital revolution and benefited consumers here and around the world,” Pai said in an emailed news release. Pai said he had presented his proposal to fellow FCC commissioners, and set a vote on it for Dec. 14.
