Speaking of "bullying," assault, "an intentional act by one person that creates an apprehension in another of an imminent harmful or offensive contact," [1] is already illegal. Sounds an awful lot like credible bullying. Why should this be legal online?
[1] http://legal-dictionary.thefreedictionary.com/Verbal+assault
This is currently a law enforcement blind spot, but that needs to change.
BTW, putting quotes around the world "bullying" isn't actually effective in mocking it as something actionable; it just communicates to us that you are perfectly ok with bullying.
The FCC has been trying to get their hands on the internet for decades, and I see enforced net neutrality as their Trojan horse. It's possible I'm overly paranoid.
fwiw, we probably agree on the actual definition of bullying, and also that it should be illegal. I put it in quotes to indicate I'm using it imprecisely, not because I'm OK with what I believe to be legitimate bullying.
We should also be careful about criminalizing bullies, since a large portion of them are young (and quite possibly bullied or abused themselves). It's a problem, and it needs more attention, but rushing to criminalize it seems hasty to me.
Not all wrongful doings ought be illegal.