You can't be more wrong. Since Netflix, Amazon, youporn, imgur, reddit will be affected by this and they will have to pay more to keep their bandwidth on the same level as now, or slower by only 10% (hey, they could slow down their network links by 60%, but since they pay 20M per year, its slower by only 10%!) you as the end, you the end consumer will have to pay for this more. It doesn't matter where you live, as long as you use any of US internet services, you will pay for this more, sooner or later.