I mean, hasn't the internet basically been unregulated since its start, and been like, super awesome? Can't the market work this one out?
it's been pretty sweet so far, though there have been recent attempts to chisel away at this as the internet continues to gain a stronghold as a revenue generating media outlet. ISPs have generally been able to toe the line of being good citizens for the most part, but for like 90% of consumers, there is no "market" to work it out with. the Verizon v. FCC verdict this january removed the FCC's ability to enforce net neutrality orders put on the books in 2010, so it's basically fair game now for all ISPs to do what they want. people for the most part have seen what the long-exempt wireless providers have done (blocking things like skype, facetime, vonage etc on their network) and see the writing on the wall (e.g. verizon throttling netflix in attempts to push their own redbox instant).
it's pretty much an attempt to keep us going on the internet we grew up with, rather than something like in the infographic at
http://www.theopeninter.net/