As it stands now, you pay your Internet service provider and go wherever you want on the Web. Packets of bits are just packets and have to be treated equally. That’s the essence of Net neutrality. But Verizon’s plan, which the company has outlined during hearings in federal court and before Congress, would change that. Verizon and its allies would like to charge websites that carry popular content for the privilege of moving their packets to your connected device.

via Verizon’s diabolical plan to turn the Web into pay-per-view | The Industry Standard – InfoWorld.

Also from: Net neutrality faces uncertain U.S. court ruling

Verizon argues that the FCC doesn’t have authority to regulate an information service, a class of communications that the agency has previously exempted from most regulation. The net neutrality rules are a violation of Verizon’s First Amendment free speech rights and its Fifth Amendment property rights, the company has argued.