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In late 2017, the Federal Communications Commission issued a rule (RIFO) which repealed so called net neutrality, the policy which said internet providers must charge
In late 2017, the Federal Communications Commission issued a rule (RIFO) which repealed so called "net neutrality," the policy which said internet providers must charge the same price for different types of internet traffic ( for example, downloading a book, costs same as playing a virtual game online or making a phone call). Consider the following data about broadband internet access. (1) Does the data support or FCC's case that repealing net neutrality, that is, allowing providers to charge different prices for different services, results in an increase in consumer surplus? (2) Please explain your answer. Be sure to give definitions of any economics terms you use (such as consumer surplus, price discrimination). (3) What other information might you need to give a more complete answer? % Access to broadband Internet White African American Hispanic 2015 70% 52% 50% 2019 79% 66% 61% % Access to broadband Internet Rural 2015 50% 2018 63%
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