Earlier quoted context omitted.
Internet is a public good -> regulatory powers are voted on and enacted by public bodies who are transparent and can be voted out. Internet is a private good -> a tiny group of unelectable, unaccountable corporate leaders decide in secret everything about how it works, and are ethically required to make decisions which are bad for you and me but good for their profits.
Ironically, government regulation tends to work more like your second example. You are also objectively wrong; the FCC, the primary Internet regulator, is not voted in and is in no way transparent. It's also good for profits to be less proscriptive than one's competitors. There is no discernible reason that competing ISPs would choose to limit free speech of their own accord.
They are pretty fucking transparent. And they are still a public regulatory body, appointed by people appointed by the public.
> There is no discernible reason that competing ISPs would choose to limit free speech of their own accord.
Unless that ISP wants to create a streaming video service. So they block access to Netflix so you can "enjoy" their video service as well. If you want the internet to be run the way cable service is, then great, good for you. But the rest of us enjoy the freedom of being able to access any resource connected to the network for one price.
> So switch ISPs
(You'd inevitably bring it up)...most ISPs are a monopoly so there goes that idea.