There are laws in place already that prevent ISPs from doing this; the Sherman Act, FTC Act and the Clayton Act.
One point I was making above is that there wasn't a problem before Net Neutrality since laws were already in place. NN just isn't necessary, except to exempt those large edge providers. You can't just regulate part of the Internet and leave some exempt.
Those are decades old laws that do not grant the government sufficient power to dictate terms to ISP's on how to run their networks. You cited Title 2 which means you should understand how the FCC has evolved and needs to continue to do so as communications evolve. Net Neutrality would be one such evolution.
https://en.wikipedia.org/wiki/Net_neutrality
There was a problem, and even continues to be problems. Like in the early 2000's when Comcast, ATT, and others were tried for restricting their customer's access. Similar complaints were filed against Verizon, this year!
Another problem is the throttling of connection speed, up to and including to a competitors site - which is Netflix's argument: They provide access to a network, of movies/digital content, but ISP's provide access (copper) to their site - how can Netflix remain competitive if the ISP is intentionally slowing the connection to provide faster speeds to the likes of TimeWarner and Disney?
Net Neutrality needs to be expanded on, especially if there are abuses still occurring, if Verizon was going beyond 'System Maintenance' when it was accused of throttling this year. Overturning it is a signal to ISP's that they are free to do what they want - how does that benefit the consumer?
Under title 2 ISP providers were to be regulated, not Google, Facebook, Amazon etc. These edge providers are free to manipulate content, searches, and ad placement. There is nothing neutral about that.
The one question that many can't or won't answer is Was the Internet not open and neutral for the last 25 years? Content providers like Netflix championed net neutrality with claims that they couldn't provide their service at the same prices if it wasn't in place, however that seems more politically motivated than fact since Netflix's costs are dominated by media licensing fees and production costs, not communication fees.
Google, Facebook, Amazon etc are not Internet Service Providers, I do not understand why you would associate them as an argument against net neutrality, they are unrelated as they operate their own networks of computers, ISP's provide the copper to connect your computer to those networks. And it is those ISP's that should NOT have control over how, when, and what you choose to access. That is a free internet! I don't care what Facebook advertises, except when it's Russian Propaganda. That's deserving of a trial too, but I digress....
I have 100mbps, I rarely see anything over 30 while downloading on the Xbox one, whose limiting my connection? Microsoft or my isp? Iirc Netflix got caught advertising hd content yet they were not allowing the bandwidth necessary for true hd. It's a loss at the consumer level either way. Net neutrality didn't do a damn thing for us, except let us pay for high speed internet without the ability to utilize 100% of what we were paying for.
And that is a common consumer complaint that obviously lies with the service providers excepting where your software needs to be updated or aging modems/routers/computers need to be replaced(I doubled my connection speed after updating router software FWIW).
My friends in Hong Kong enjoy hundreds of megabits per second everywhere, I am happy to get 6-9 mbps on my 20mbps connection (which to be fair, seems to offer that same on a computer, two phones, and AppleTV or PS4 simultaneously which would add up to more than 20). Point is, where is our infrastructure to allow such high speeds everywhere? Wouldn't that be 'Great'?
I didn't look up the Netflix issue, but I would hope they would have resolved that with the affected customers. But I don't see how that explains Net Neutrality 'not doing a damn thing'. It's been a long year of over turning, why aren't we moving forward? If we the consumers agree we want the free internet we've been enjoying where we can access anything we want, then we should agree we want that same internet to be accessed at the speeds we pay for. That IS Net Neutrality.