Indeed, the net neutrality rules apply Title II of the Communications Act to ISPs, but not all of its provisions. Things like rate regulation or requirements about contributions to the universal service fund are not included.
"We are for an open Internet," Wheeler said of the FCC. "That is not the regulation of the Internet," but rules that say no government or company can block the people's ability to use the Web.
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"We want network operators to be as innovative as possible," he continued.

Critics like the GOP FCC commissioners said that Wheeler caved to the demands of President Obama, who backed a Title II approach in late 2014. When asked today about why he chose to go the Title II route, Wheeler did not mention Obama, and said that he was instead swayed by the "consumers and innovators and investors" with whom he spoke during the months-long rulemaking process.
For more, check out 5 Things You Need to Know About the FCC's Net Neutrality Plan and 7 Groups Who Love, Hate (and Really Hate) the FCC's Net Neutrality Plan in the slideshow above.