The govt is pulling a fast one on you. You want Net Neutrality... so you would be in favor of a bill that would guarantee Net Neutrality. So why doesn't the govt just pass a bill that says everyone operates at the same speed. Done!.Several commentators here appear to be opposed to the proposal, but no one has said why. What is everyone afraid of?
But they're not doing that... they're classifying the internet as a utility instead under the guise of NN. The point is, being a utility means they can tax the crap out of the ISPs and the customers at the same time. Remember the Obamaphone? Now we'll have ObamaNet.
We get extra fees on our bill and the ISPs have extra regulation, which actually makes it HARDER for new companies to start up because they have more rules to follow. When you have regulation you have to hire people to comply with it. Only the big companies can afford that, so the little ones get screwed.
This just happened in the banking industry... Financial Crisis regulations (Dodd Frank law) and small banks get bought by the big ones because they can't comply and stay in business.
From a story on the washington post.
Regulation hurts competition and the consumer all the time.More than a dozen Washington area banks and credit unions have merged with one another in recent years, citing heightened regulation as a factor. Others have done away with mortgage divisions and clamped down on consumer loans. At least one local bank has expanded its compliance team seven-fold to 35 full-time employees in four years.