The fundamental debate surrounding net neutrality is whether network operators should be allowed to appropriate parts of the Internet infrastructure and create “diamond lanes” dedicated to heavier traffic, such as web TV and other web based instantaneous services. The issue of net neutrality addresses whether internet traffic legislation should remain fair and equal, in that these new "diamond lanes" could only be accessed by users capable of paying extra money.
Many companies, including Microsoft, Google and Yahoo, were strongly critical towards the idea, and instead advocate a form of net-neutrality where telcos and cable operators would not not be able to decide whose data should flow faster or slower. In addition the fcc wants to protect a free and open internet with a strong intention of keeping the net free from corporate control. President Obama also supports the FCC's stance, explaining: "One key to strengthening education, entrepreneurship, and innovation in communities...is to harness the full power of the internet. That means faster and more widely available broadband– as well as rules to ensure that we preserve the fairness and openness that led to the flourishing of the internet in the first place."
However, major telecom companies like AT&T, Verizon and Time Warner Cable. net neutrality will actually kill Internet innovation.
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