Restricting a program's network usage?

Windows i7 920

New member
Pro User
Local time
7:42 AM
Messages
544
Is it possible to restrict a program's network usage, speed wise? Steam is hogging all my bandwidth with game downloading and I'd like to cap it if possible so the rest of my internet doesn't lag.
 

My Computer

Computer Manufacturer/Model Number
iBuyPower Chimera X58
OS
Windows 8 Pro x64
CPU
Intel Core i7 920
Motherboard
Asus P6T Deluxe V2
Memory
12GB (2GB x6) Triple Channel DDR3 1333 MHz
Graphics Card(s)
ATI Radeon HD 4870 X2 2GB GDDR5
Sound Card
Integrated Digital HD 7.1 Surround Sound
Monitor(s) Displays
24.6-inch ASUS VW246H 20000:1 Contrast, 2 ms response time,
Screen Resolution
1920x1080
Hard Drives
1 TB 7200 RPM SATA II 3 GBps 16MB cache
PSU
NZXT 800W Gaming Series
Case
Guardian Inferno (Custom Painted NZXT Guardian 921)
Cooling
Thermaltake V1 Fan Cooling System OC Proof
Keyboard
Razer Lycosa
Mouse
iBuyPower Ergonomical Internet Mouse
Internet Speed
11 MBps High-speed Cable

My Computer

Computer type
PC/Desktop
Computer Manufacturer/Model Number
Custom
OS
Windows 7 Ultimate x64
CPU
Intel Core i7 2600K (O/C 4.7GHz)
Motherboard
Asus ROG Maximus IV Extreme-Z - Intel Z68 Chipset
Memory
8GB Corsair Vengeance LP, DDR3, 1600Mhz
Graphics Card(s)
Nvidia GTX 460 Graphics Card
Sound Card
Onboard
Monitor(s) Displays
Dell E228WFP
Hard Drives
2 x 500GB Samsung SpinPoint Drives (1 for OS, 1 for Data and Apps)
PSU
CoolerMaster 1000W
Case
CoolerMaster HAF
Cooling
Air
Internet Speed
Fibre - 60MB Down, 30MB Up
Antivirus
ESET NOD32 Antivirus
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