Devil is in the details. There are many many government regulations that stifle competition, do nothing for the consumers and simply serve to entrench lobbyists, big businesses and vested interests at the expense of customers and the public... In the history of government regulations it is right to be cynical that this is what you are going to get 99% of the time.
Then there are simple, focused, easy to understand and easy to implement government regulations that really can help create more choice in the market and reduce fraud.
If there were any other way but for government regulations to bring us back towards a free market in Internet Access providers, then I would choose that. But in this case we have to have government regulations to counter balance the government regulation of the rights of way along our streets and the government regulations and licensing of our EM spectrum which create local monopolies and reduce consumer choice in the first place and you can't simply open up the spectrum, our streets and our poles to whomever wants to run a wire or transmit a signal otherwise we would have chaos and nobody would have reliable service, so we are stuck with government regulation to try and fix the problem of local monopolies and an un-free market.
Hopefully, we get regulations that are really focused on making for a better free market and not just stamping the marketing label "Net Neutrality" on whatever we end up with. Best we can probably hope for is a compromise that gives us slightly more choice and a bit more competition, but the complexity of regulations will probably still mean that the days of small ISPs able to run some wires and connect to the Internet and compete on price and service are not coming back.