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Rolling this back sucks for sooo many reasons. It favors large IPS (comcast, Verizon, AT&T, etc). They can now block any website\service for any reason, or charge fees to customers and website for access.; for those customers who want access to Youtube or Facebook, selected sites easily could become part of the ISP's new "Premier Digital package", otherwise they are blocked, etc, etc; think of sites grouped together like TV packages group networks together in teir packages. More you pay, the more access you get.
1) This might be OK, but most people have only 1-2 choices for high speed internet. One ISP could make a exlcusive deal with Hulu (or Netflix, etc) where all competitors can't be on their network, or that Hulu gets full high speed, and competitor get low speed. It make competitor looks like shit when their content looks like a bad VHS tape or pauses to buffer every 15 seconds.
2) What to be on our network, pay 10% of your net income, or no access.
You get the idea. If the customer can't shop for better IPS because the only have 1 high speed option, customers are fucked. Rural customers are fucked 10 times over.
Below is an analogy; trump getting an erection while giving it to the american people: