A year ago, it was far from clear that the FCC would back the idea of net neutrality — an Internet without special high-speed traffic lanes for businesses willing to pay an extra toll, which many feared could put others at a disadvantage. But strong comments from companies and consumers caused FCC chairman Tom Wheeler, a former industry lobbyist, to reverse course and lay down the deciding vote, says Kevin Werbach, Wharton professor of legal studies and business ethics. The ruling “ensures that companies that want to provide services on the Internet — small companies, big companies, content providers, application developers — will still have an unfettered opportunity to go online and reach customers and potentially build a very big business,” Werbach says. In this Knowledge at Wharton video, Werbach provides a detailed look at what the ruling means for businesses and consumers, including possible implications for injecting much-needed competition into the Internet service provider space.…