You are reading it correctly. And the NYT seems to be reporting it correctly. While the text is not published yet anywhere I can see, the FCC fact sheet states that the proposal (direct quotes with only formatting/presentation changes) [1]:
- Proposes to retain the definitions and scope of the 2010 rules, which governed broadband Internet
access service providers, but not services like enterprise services, Internet traffic exchange and
specialized services.
- Proposes to enhance the existing transparency rule, which was upheld by the D.C. Circuit. The
proposed enhancements would provide consumers, edge providers, and the Commission with
tailored disclosures, including information on the nature of congestion that impacts consumers’
use of online services and timely notice of new practices.
- As part of the revived "no-blocking" rule, proposes ensuring that all who use the Internet can
enjoy robust, fast and dynamic Internet access.
- Tentatively concludes that priority service offered exclusively by a broadband provider to an
affiliate should be considered illegal until proven otherwise.
- Asks how to devise a rigorous, multi-factor "screen" to analyze whether any conduct hurts
consumers, competition, free expression and civic engagement, and other criteria under a legal
standard termed "commercial reasonableness."
- Asks a series of detailed questions about what legal authority provides the most effective means
of keeping the Internet open: Section 706 or Title II.
- Proposes a multi-faceted process to promptly resolve and head off disputes, including an
ombudsperson to act as a watchdog on behalf of consumers and start-ups and small businesses.
http://transition.fcc.gov/Daily_Releases/Daily_Business/2014...