“Net neutrality” regulations, designed to prevent internet service providers like Verizon, AT&T, Comcast and Charter from favoring some sites and apps over others, are on the chopping block. On Thursday, the Federal Communications Commission voted to undo the Obama-era rules established in 2015 and forbid states from adopting anything similar. Here’s a look at what the developments mean for consumers and companies. WHAT IS NET NEUTRALITY? Net neutrality is the principle that internet providers treat all web traffic equally, and it’s pretty much how the internet has worked since its creation.