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FCC won't appeal ruling on Internet neutrality

WASHINGTON (AP) - The Federal Communications Commission says it won't appeal a court decision that struck down rules it designed to ensure that the transmission of all Internet content be treated equally. The agency says it will fashion new rules.

The chairman of the FCC announced Wednesday that the agency will rewrite the anti-discrimination and anti-blocking rules following the ruling by a federal appeals court last month. The ruling said the FCC has the authority to regulate broadband providers' treatment of Internet traffic but the agency failed to establish that its regulations don't overreach.

The court's decision could affect the prices consumers pay to access entertainment, news and other online content.

FCC chairman Tom Wheeler said in a statement the agency will propose new rules to meet the court's requirements.