The rate regulation doesn't look that bad at first glance. It would require ISPs to publicly disclose their actual prices and peering agreements, both of which I think would be a wonderful improvement. It would authorize but does not appear to require the FCC to intervene in rate changes. It does not seem to unconditionally require pre-approval for rate changes, and it empowers the FCC to provisionally allow rate changes that are under dispute. The only scary bit is where the FCC is allowed to set minumum and maximum prices if they think ISP are or will be setting prices that in some way violate any part of the act; and that's only scary because I don't know everything that's in the act.