In a New York Times Room for Debate essay, Tim Wu sums it succinctly:
At Thursday’s F.C.C. public meeting, Chairman Tom Wheeler declared, with Lincolnesque firmness, that he would stand second to no one in his defense of net neutrality.
“I will not allow the asset of the open Internet to be compromised,” he said. Citing his experience as an entrepreneur and venture capitalist, he said he knew personally what artificial barriers to entry look like. There will be no fast lane, he declared, “I don’t like the idea that the Internet could be divided into haves and have-nots, and I will work to make sure that does not happen.”
Disaster averted, as Wheeler declares the internet to be safe from the machinations of smacking down those will refuse to grease the tubes with green, so that everyone, anyone, can access the web on the same footing. But…
[T]here is a gap between his speeches and the actual rules. The rules say, for example, that “our proposed no-blocking rule would allow broadband providers … to negotiate terms of service individually” with content sites provided that they are commercially reasonable, and don’t harm Internet openness.
