Federal Communications Commission (FCC) Chairman Ajit Pai announced plans today to roll back net neutrality rules put in place by the Obama administration in 2015.

The FCC currently regulates Internet service providers (ISPs) under Title II regulations that essentially treat the internet as a public utility similar to the old phone monopoly. Proponents of net neutrality and the invocation of Title II regulations say that such oversight is necessary to ensure that the Internet remains "open" and ISPs don't block sites or degrade offerings by rivals. Long a critic of Title II regulations, which were invoked after the FCC lost two court battles to regulate the Internet, Pai describes them as "a panoply of heavy-handed economic regulations that were developed in the Great Depression to handle Ma Bell."

Scrapping these rules, Pai told Reason's Nick Gillespie, won't harm consumers or the public interest because there was no reason for them in the first place. The rationales were mere "phantoms that were conjured up by people who wanted the FCC for political reasons to overregulate the internet," Pai told Gillespie. "We were not living in a digital dystopia in the years leading up to 2015."

Edited by Mark McDaniel. Cameras by McDaniel and Meredith Bragg. Music by Revolution Void.