Image: Alex Castro / The Verge

Understanding your broadband speeds could be just as simple as reading the nutrition label on the back of the food you buy at the grocery store as soon as the end of this year.

The Federal Communications Commission voted unanimously on Thursday to press forward on a new plan that would require internet providers, like Comcast and Verizon, to offer new labels disclosing an internet plan’s price, speed, data allowances, including introductory rates and later price hikes, as well as network management practices, like throttling, at the point of sale. This allows for greater transparency into market rates and could lead to lower prices down the line.

“Access to accurate, simple-to-understand information about broadband Internet access…

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