Earlier quoted context omitted.
When you buy power to toast some bread, do you pay a different dollar-per-watt rate, depending on whether your toaster was made by the same company that owns the power plant? The problem with allowing special arrangements it that companies can--and do--use them in anticompetitive and manipulative ways.
Because net paths can be congested, there can be many different ways at different costs to deliver the same bits, and different net applications have different sensitivities to lag/loss, the electrons/bits analogy isn't very applicable. Let ISPs try to abuse their momentary position. They're newish businesses in a rapidly-changing market and technological environment. Not one of them has the same "single provider at…
On the contrary, almost all of them have that monopoly, oftentimes to the point where they've negotiated with exclusivity arrangements with municipalities. This means that even if Google, Apple, Netflix, etc. are willing and able to to lay down their own infrastructure, they're prevented from doing so by the government. If that doesn't make ISPs deserving of Title II regulation, I don't know what does.