I'd argue that there are lots of anecdotal examples that suggest the US internet market is stagnant. Our speeds compare poorly to other countries as do our cost

I'd argue that there are lots of anecdotal examples that suggest the US internet market is stagnant. Our speeds compare poorly to other countries as do our costs. The sudden increases in speed that ISPs roll out whenever Google Fiber moves into an area seem like strong evidence that the ISPs are delaying service upgrades as much as possible. There have already been examples of ISPs throttling certain protocols or endpoints that don't align with their business plan. I would also point out that the FCC has not been granted any additional regulatory power. They could have made this move at any time and they can un-do it at any time as well. Congress can also take action to remove or re-define the FCC's power. I don't see this as "the" be-all and end-all action, but it seems worth trying to see if we can get the average connection speeds across the country up and the minimum cost down.