It is only now that the real impact of last Thursday's decision by the House of Representatives can be assessed.
I still cannot understand why the cable operators (who charge both the content providers like Google and users like you and me) are trying to have a toll-like internet when over the past decade; THEY have been decreasing the price of bandwidth.
Perhaps now, they need more money to finance projects like this one.
Quashing the Net neutrality amendments might be beneficial though for the rest of the world as it will provide with a real opportunity to Europe and Asia to shift the balance of power away from US and North America.
Incidentally, apart from telecommunications companies, the one company who is going to benefit from the new laws is Microsoft.
Web-based services (which are challenging Microsoft hegemony) are going to be seriously slowed and we might witness a slow return to the old Fat Client PC rather than a web-based company.
Furthermore, shallow-pocket-but-heavy-bandwidth users are going to suffer: open source download websites, P2P users, and podcasters as well as sites like iTunes etc.
What to expect next? Content providers, big or small, will have a few choices to make. Stay in the US or not or just shut up and cough the money.