This is a sad sad day for owners of major ISPs such as Comcast, CenturyLink, and AT&T, just to name a few. If there is serious competition, they may have to put some of their profits towards upgrading their existing services and infrastructure or risk being put out of business. So much for million dollar bonus's this holiday season.
On the flip-side, this is good news for individuals in the United States that don't currently have access to the 'top of the line' internet that many countries do presently.
One thing that I hope to gain out of this (assuming it passes), is some type of internet other than dial-up, or satellite. Unlimited, fast (5+mbps would be plenty), unrestricted internet. One would think in the modern era, living a short 5 miles from the phone company, that Internet access would not be an issue, sadly this is not the case. 20% of the country currently doesn't have access to non-dial up/satellite internet. Of course the most extreme cases may prove difficult to provide access to without spending a great deal of money in the process (20 mile private road to service one household), but surely we can reduce this number to 5%.
3 miles from my house, you can get fiber to your front door. Currently, I'm stuck with 3kbps dial up, or 10mbps (>5mbps in reality) satellite for the first 10gig, then down to 128kbps for the remainder of the month. This should not be acceptable in 2015.
Please FCC, drive these "ISPs" out of business, or force them to improve in order to survive.