GREENSBORO, N.C. -- Net neutrality. You've probably heard about it or seen it on your timelines,
but is it going to affect you?

Wednesday, the FCC announced their proposal to de-regulate the internet, and you're probably wondering what does this actually mean?

It means soon things like internet speed, what websites you see, and how much those websites cost, could be up to companies like AT&T and Verizon. To explain a little more, right now you pay one fee and can go anywhere on the internet. If de-regulated, you may pay 5 dollars a month for a media package to go to sites like Netflix and Hulu, or you may pay five dollars for a social media package to go to sites like Facebook and Twitter.

READ | What's at Stake With FCC's Net Neutrality Vote

For many this may be a good thing, because some people only go to shopping sites, but others worry this would let companies play favorites.

If a company wants you to use Yahoo as a search engine and not Google, they could charge more for you to go to Google as long as they tell you about it first. Another scenario people worry about is very similar, but affects speed. If a company works with or own a certain website, in theory they could slow down your access to the competing website.

People and organizations who are for the de-regulation say this will let companies offer more services for folks at different price points which in turn would create a better service overall.

They'll vote on the proposal at the next FCC meeting on December 14th, and experts say it is expected to pass.