New bill will regulate and/or discourage internet usage metering

I'm not a big fan of government regulation, however, since this will be regulating regulations, maybe I can make an exception.

US Democratic Congressman Eric Massa on Wednesday introduced the Broadband Internet Fairness Act, a measure to monitor and regulate capped, tiered Internet services. The bill would require any provider switching from a typically unlimited plan to a usage-based system to be scrutinized by the Federal Trade Commission (FTC) and would ban any service plans that the FTC deems "unreasonable or discriminatory." Providers that ignored any imposed bans would be subject to unspecified punishment.

Broadband providers are complaining that providing the service gets more expensive all the time, and their answer has been to provide tiered plans (Time Warner) or monthly caps to usage (Comcast).  Hopefully this bill will work as intended and not stifle innovation in home internet connectivity or drive the price up.

Source: Electronista