nah, i can see some good things coming from this.
what did the japanese do back in the 60's and 70's when american companies got the government to charge extra taxes and tariffs to imported steel?
well, these were based on weight, so the japs developed stronger and lighter steel to get around it. better end product. same price.
we are talking about the current big dogs (isp providers) that are literally fighting their way down a dead end street. they are on the way out, and they know it. theres no doubt about that. their products are no longer desired by a younger mobile generation.
now, we have the big time up and comers (streaming co's) that already have a lot of heft behind them. amazon and netflix are huge, and only getting bigger.
i think if this does go through, they'll play the game with the big boys, then deliver the ultimate smack down when they team up, and most likely i would say with google, and all of a sudden they have their own isp set up, and infrastructure rolling out at a fast pace.
yeah, we may get hit with inflated shit service for a little bit, but it wont be long before we see some new services pop up.