Sure, but we've been fighting this exact battle against the entrenched ISPs for decades now (think MPAA, RIAA etc DMCA notices). If the ISP is actually "owned"

Sure, but we've been fighting this exact battle against the entrenched ISPs for decades now (think MPAA, RIAA etc DMCA notices). If the ISP is actually "owned" by the people it serves, through the process of government these issues can be addressed directly instead of through a 3rd party corporation that has no incentive to fix anything.