Verizon sued them and won. The FCC lost the power that they had to regulate the internet. As soon as that happened things on the internet immediately got worse (In my opinion). The ISPs could hold any website hostage and they did.

Take Netflix. You paid your ISP for access to the internet (Including Netflix). Netflix paid their ISP for access to the internet. Your ISP decided that they wanted more money. It wasn't enough that you paid them. They wanted money from OTHER ISP's customers too. They actively slowed down traffic coming from Netflix until Netflix paid them to get priority access to you.

Now let's expand that example. Most of you are pretty conservative. Tech companies are basically your political opposites. What happens when they decide that they don't agree with your politics? They find certain sites violate their corporate policies? They can now actively throttle or deny access to those sites. Is that what you want? Do you really want tech companies deciding what content you have access to? What content gets prioritized?

The FCC is prepared to use a nuclear option and classify ISPs as common carriers. That comes with a whole slew of other implications neither the FCC nor the ISPs wanted. Basically everyone is now mad at Verizon cause it would have been better to leave things the way they were than to be reclassified as common carriers. The idea is that all traffic returns to being treated equally online. No throttling your competitors, no holding websites hostage, no shutting down traffic from people you don't agree with.

I've seen the FCC's stripes and I've seen the ISP's stripes. Given the evidence I'm going with the FCC on this one.