Simply put, this is absolutely terrible. How are start ups and small business web companies supposed to compete when their reach to consumers will automatically be slowed compared to larger competitors who pay for faster pipes?

And who is to govern the rates (and tiers) of faster speeds? I can only assume ISPs will determine a cost based on aggregate bandwidth. But who is to say there can't be a fast lane, a faster lane, and a fastest lane? Sounds anti competitive to me (even the big name companies are against this!).

Last: "The telecom companies argue that without being able to charge tech firms for higher-speed connections, they will be unable to invest in faster connections for consumers" > Google Fiber is cheaper for one. Seconds, the telecom giants have all increased subscriptions so there is more money there. And, as time goes along shouldn't these providers become more efficient and costs should decrease anyway? Must be nice to have a sudo-monopoly in some markets.