This bill finally allows the Federal Trade Commission the ability to do its jobs after suing one of the Internet giants, winning, and then after an appeal losing, because they didn't have the legal right to do such a thing. Then all the the Internet companies got upset one company lost in a case that would affect them all, they essentially countered by joining together to all sue. This government agency is finally doing its job, and is taking a minuscule bit of power from these monopolies, whom are worried that this same bill will regulate the Internet as it did the phone companies many years ago. This is not the case, the FCC will not limit innovation and in the past has stood on the side of these same companies, I mean the head of the agency is a former lobbyist for one of them (Tom or Todd Wheeler I think). If these companies win and reverse the decision, here are the possible outcomes in my opinion will occur. Smaller companies that cannot afford to pay will likely pass on all fees to the consumer, so will the Internet service provider for that matter in the form of some charge, tagged on your monthly bills, even though they are charging companies like Netflix, which will increase your monthly cost as well. Many start ups that can't afford to pay, will continue to get eaten up by larger companies not allowing competition, allowing monopolies to remain in power. Whom, benefits from fast lanes? Well, that's easy, it is not the consumer. The Internet should be equally accessible to all, only those with a huge amount of wealth may be able to afford certain services in the future, the class divide is already huge let's not add to it. The Internet is a globally public resource that the people have claim to, so they should have equal access to it, beside it was created by government then given access to the people so why can't government control it. The Internet is a utility and it needs to be treated as such! These companies have already lost in my opinion, and this fight they are fighting doesn't matter, it's just them showing their power, I mean our government allowed them to get this strong, by not allowing local government agencies the ability to offer Internet to its constituents, now it is finally doing its job.
From my iPhone