The ISP giants are lining up against the Internet giants in a 2 round cage match. At steak is whether the ISP is allowed to give preference to specific internet services they favor, or if they have to provide neutral access to the internet for customers. Currently favor can be had in exchange for cash payoffs extorted from the internet giants by the Telcos, but in the future this type of tactic could be used against specific forms of traffic: encrypted email, VOIP (I bet the telcos would like to limit VOIP to their own offering providers instead of allowing traffic to go to another company they do not profit from); torrents (other high bandwidth less profitable traffic) etc…
Tech Giants’ Internet Battles