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AP Photo/Daniel Ochoa de Olza

Digital Content Next, the trade association that represents premium digital publishers, like The New York Times and ABC, is urging the FCC to reconsider its proposal to roll back Obama-era net neutrality rules, arguing that doing so will further disadvantage content creators who are trying to compete in an increasingly unhealthy marketplace.

Why it matters: Many news publishers believe the current net neutrality rules help them survive in an economic environment that already favors tech and telecom companies that distribute content over media companies that create it.

In comments to the FCC, Digital Content Next CEO Jason Kint argues on behalf of nearly 80 online publishers that the rule prohibiting internet service providers like AT&T, Verizon, or Comcast from blocking a consumer's ability to access lawful content should remain clearly intact. He also argues that the regulation banning those providers from striking financial deals to give priority to certain content on their networks should remain intact.

DCN's position that the rules ensure that all types of content can get to consumers is generally echoed by the Internet Association, which represents tech giants like Google, Facebook, Amazon, Microsoft and Netflix. Internet service providers like AT&T and Comcast support the FCC's efforts to roll back the rules, saying the current rules went beyond the agency's authority.

Go deeper

Crypto industry faces $30 billion tax threat from infrastructure bill

Illustration: Sarah Grillo/Axios

It's finally "Infrastructure Week" and Congress is hammering out the details of a $1 trillion bill inching closer to the finish line. But one area that could face unpleasant consequences from the bill is cryptocurrencies.

Why it matters: Nearly $30 billion in taxes from cryptocurrency transactions, as part of the bill's "pay-fors," is at stake.

Square to acquire "buy now, pay later" company Afterpay

Illustration: Brendan Lynch/Axios

Square has agreed to acquire Afterpay, an Australian company in the "buy now, pay later" (BNPL) category, for $29 billion.

Why it matters: This is Square's second big-ticket acquisition this year (after Tidal), showing that it's not shy when it comes to bold moves to expand its business lines.

Updated 3 hours ago - Sports

Olympics dashboard

Team USA's Simone Biles watching the women's uneven bars final at the Olympic Games in Tokyo, Japan, on Sunday. Photo: Jamie Squire/Getty Images

🚨: Simone Biles will compete in her final Olympic event

⚽: U.S. women's soccer team falls to Canada in semifinals, ending chances at gold

πŸ‹οΈβ€β™€οΈ: Laurel Hubbard becomes first openly trans woman to compete at Olympics

🀸: U.S. gymnast Jade Carey wins Olympic gold in floor exercise final

πŸͺ§: IOC "looking into" American Raven Saunders' Olympic podium protest gesture

πŸ“·In photos: Day 10 Olympics highlights

πŸ³οΈβ€βš§οΈ: Axios at the Olympics: Games grapple with trans athletes β€” Trans athletes see the Tokyo Games as a watershed moment

Go deeper: Full Axios coverage