Everyone is celebrating the net neutrality victory, but what the heck is it?

The Federal Communications Commission received near-universal praise after it voted to repeal rules that did away with net neutrality.

Net neutrality refers to the idea that internet service providers (ISPs) offer all consumers equal and fair access to legal online content and applications.

That means that ISPs can’t favor some consumers, content or apps over others. It is intended to stop practices such as your ISP slowing down your access to your favorite video streaming app to make their cable packages appear more appealing.

Net neutrality also prohibits ISPs from charging for “fast lanes,” which means charging users a premium for faster speeds. Under the repealed rules, ISPs could even block legal content.