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This is pretty huge, as it ensures that once net neutrality rules are repealed, the FTC will be empowered to go after ISPs for unfair and anticompetitive business practices. The largest issue with assigning ISPs as Title II is that they become exempt from FTC regulation, a status that I realistically, don't think any company should be granted.
>for unfair and anticompetitive business practices.

Who goes after the government entities that allows ISPs to operate like localized monopolies?

Our federal government should be moving to prohibit local governments from passing or enforcing local laws which guarantee monopolies.
> FCC Chairman Ajit Pai applauded the court ruling.

> The decision "reaffirms that the Federal Trade Commission will once again be able to police Internet service providers after the Restoring Internet Freedom Order takes effect," Pai said in a statement issued today. "In the months and years ahead, we look forward to working closely with the FTC to ensure the protection of a free and open Internet."

I'm glad they included this quote, because the media has certainly been _not_ reporting the complete facts with NN.

As for the question of "local ISPs are monopolies, so free market rules don't work", I have a lot more confidence in network innovation with the last mile problem. If we could transmit gigabit over wet twine, we wouldn't be worried about Net Neutrality because the install costs would be extremely low. I'd give the free market a chance to break up the monopolies first.. There's nothing I want to see more that Comcast going bankrupt and their CEO still wondering why "people are demanding more than 50mpbs of internet access".