The only reason it has accrued the economic power to do so in the first place is because it has provided a valuable service or product that has proven popular w ith consumers over the long-term.
This could turn the higher up and more popular ISP's into almost a monopoly for the internet. The internet has become an important resource to the people of this day and age and it not being free would not help the smaller companies.
a ‘fast lane, slow lane’ internet would emerge where internet users would eschew websites unable to pay for priority service in favour of those that are.
Continues to describe how the internet service wouldn't be fair to smaller sites, in turn making them way slower, and causing people not to go to them due to the lack of browsing speed.
bloggers, niche news sources and small websites generally—will be priced out of the market for priority service and consigned to a much poorer internet experience.
Taking away net neutrality will make it way harder for small business and "niche news sources" to be able to run their sites and they will be way slower due to high costs to run them.