The FCC takes first steps toward dismantling Net Neutrality Protections

From Wired:

 THE BROADBAND INDUSTRY has scored a major victory: The Federal Communications Commission just took the first step toward overturning its own Obama-era net neutrality protections.

The rules won’t disappear overnight. In a party-line vote today, the FCC formally agreed to start the process of gathering feedback before drafting a more specific plan, which could take months (#bureaucracy). But FCC chair Ajit Pai has made it clear that, barring a successful legal challenge, the agency will give up its authority to actually enforce net neutrality regulations.

The rules that prevent Internet Service Providers from blocking, throttling or discriminating against (via paid prioritization or “fast lanes”) any content will now certainly begin to be whittled away thanks to a 2-1 party-line vote at the FCC.

I am an early cord-cutter and have been getting all my television content from internet access. I rely on being online and consume a lot of data, averaging 300+ GB monthly. The average U.S. household monthly broadband usage in 2016 was 190 GB. Without net neutrality protections, ISPs will get to do whatever they want. Will the free market be able to rein in abuses? Or will innovations actually happened due to increased competition? I think I should expect my bill to increase.