What Is Net Neutrality, and How Can It Affect Your Business?Reddit's Alexis Ohanian walks us through the basics.

Q: What is net neutrality, and how can it affect my business?

A:We enjoy an open network in which internet service providers (ISPs) distribute the information we send and receive on a neutral basis--meaning without preferential treatment. In this best-case-scenario environment, all internet traffic is treated equally.

But this setup isn't guaranteed, and it's an issue that needs to be watched carefully, according to Alexis Ohanian, co-founder ofreddit, the social news website powered by user-submitted content. We asked him about the importance ofnet neutralityin creating parity for all businesses.