Funny thing about Net Neutrality. It has never been law or regulation. It is a principle basically worked out between Corporations under which they exchanged bits in order to make profits for everyone.
This was fine until one day a corporation called Google paid a lot of money for a little but growing popularity company called YouTube. With this purchase they were deep pockets pumping out more bits than ever. Problem is that the popularity of this service began impacting the performance and thus profits of other corporations. This led to one corporation called AT&T speculating that maybe they should be charging Google a little extra to carry their traffic. This would of course affect Google's (who had yet to figure out how make YouTube profitable) profits. So they're response was to start making a fuss about Network Neutrality. Now did they do this by talking how Network Neutrality is principle used to make the Internet work profitably for them and others. No - they knew no one would care about that. Cause who really cares about one corporation cutting into the profits of another corporation. Instead they couched it as a free speech issue. Why? Cause that was something that would get people talking and force other corporations to keep the status quo they built their business on, regardless of how it affects other corporations.
Now here is where it gets hilarious. Skip forward to today. The Net Neutrality debate has been going on for a few years. Nothing has really changed but government is getting it in their head that maybe we should make the principle of Net Neutrality a regulation. It has been working pretty well and more important it looks pretty good politically. You would think Google would be happy about this wouldn't you? Well not really, you see the wired Internet is a mature thing. On that front Net Neutrality would be a good thing for them and allow them to continue making money as they have been. They have a problem though. The wired Internet is passe, the new hotness is mobile devices and the wireless Internet. An area that they are a major player with a major stake. An area where Net Neutrality could limit their profits from that division. So what do they do - well they get together with another corporation and suggest a set of regulations to the FCC (who may or may not have the authority to enforce them) which does the following:
- Impose Net Neutrality on the wired Internet (except for reasonable network management - whatever that means). Thus preserving the business they built.
- Leave the wireless Internet free of regulation. Thus allowing them to do whatever suits them best to make a profit.
- Transparency - which really wasn't their idea but no one cares about anyway
When these were announced it was derided by pretty much all sides. Net neutrality advocates were not happy because of the loopholes. ISP's (including Verizon, go figure) because it would regulate their ability to conduct business. Strangely Google was silent after these rules were - passed - funny that.
Anyway - just remember that Net Neutrality has nothing to do with free speech. At this point it is a political football that is about the corporate profits of content providers (Google & others even if they are in the background) versus the corporate profits of content distributors (ISPs). In the end all it means for you is how much your going to end up paying to whom.