The FCC will vote on a proposal to reverse the legal claims behind the net neutrality rules and reclassification of broadband companies as common carriers at a May 18 public meeting, Pai said, adding that the draft text of that notice of proposed rulemaking will be released Thursday.
The centerpiece of the plan is undoing the FCC's 2015 decision to classify internet services providers as Title II telecommunications services, and going back to classifying them as a Title 1 information service.
Some sources say his approach this week could simply be to propose doing away with the FCC's regulatory classification of internet service providers and solicit comments on how the agency can keep the net neutrality principles without that classification.
Net neutrality regulations are getting yet another remake.
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"It is hard to imagine any way for the FCC to establish enforceable rules without using its Title II powers", Gene Kimmelman, president of the Public Knowledge policy group, said before Pai's speech.
Reuters and other news outlets reported in early April that Pai was moving quickly to replace neutrality rules.
Major telecom corporations like Verizon, Comcast and AT&T are opponents of net neutrality regulations and have spent at the minimum, dozens of millions of dollars lobbying in Washington to end them. Among others, the new rules prohibit Internet service providers from blocking or degrading traffic, and from charging companies higher fees for prioritized delivery.
However, Republican Ajit Pai, who voted against those rules as a commissioner and was named chairman by president Trump three months ago, has openly expressed his desire to replace those regulations. Ed Markey (D-Mass.), have questioned whether the rules slow investment, pointing to the latest US Census data showing that investments from telecom companies were up from 2014 to 2015.
He said the 2015 rules were unnecessary and have hurt broadband investment, a point contested by activists and companies that support net neutrality.
Pai attended an event held at Cisco, with attendees from Oracle, Apple, Facebook, HP, Salesforce and Intel, Glueck said.
In a statement, the guild said that the plan would "undermine" the existing rules and "surrender control of the Internet to a handful of corporations". Democrats and privacy advocates have said net neutrality is crucial to keeping the internet open.
"Our companies should be able to compete with incumbents on the quality of our products and services, not our capacity to pay tolls to internet access providers", the startups wrote.
Pai said last Thursday he planned to take a new look at the existing overall limit on companies owning stations serving no more than 39 percent of USA television households.