Having written a long post on the topic, I just wanted to recommend a few pithier takes on the issue:
Bill McGeveran, “the Google defection:”
Google’s defection from the supporters of an open internet changes the political dynamics for the worse, opens the door to creation of a second-class internet for non-corporate content, and tries to disable the FCC’s ability to do anything about it.
Marvin Ammori, “makes BP look good:”
Last week I wrote up a guide of the FCC negotiations on net neutrality, setting out all the loopholes, and noting that the carriers needed only one loophole to kill an open Internet. Verizon and Google announced their pact two days ago. Rather than including one loophole, they went down the checklist and included just about every loophole they could.