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U.S. Appeals Court Strikes Down Net Neutrality Rule

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A U.S. appeals court on Tuesday struck down the latest effort by the Federal Communications Commission to require internet providers to treat all traffic the same, a policy known as net neutrality.

The FCC did not have the legal authority to enact the 2011 regulations, which were challenged in a lawsuit brought by Verizon Communications Inc, the U.S. Court of Appeals for the District of Columbia Circuit said in its ruling.