FCC Internet Competition Rules Almost Official
The Federal Communications Commission's controversial net neutrality regulations are now in the hands of the Office of Management and Budget.
On Thursday the FCC submitted the regulations, designed to prevent anticompetative behavior online, to the OMB and the Federal Register for final review. The Federal Register is expected to to publish a required Paperwork Reduction Act estimate next week, triggering a 30-day comment period.
Once the comment period ends and the OMB approves the regulations, they will be published in the Federal Register and become effective 60 days later.
Earlier this year a lawsuit by Verizon and MetroPCS was thrown out because the rules had not yet been published in the Federal Register. The companies are expected to relaunch their legal challenge once the rules are official.
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