"In a Notice of Proposed Rulemaking, the FCC proposes to return to the bipartisan framework that preserved a flourishing free and open Internet for almost 20 years. First, the Notice proposes to reverse the FCC’s 2015 decision to impose heavy-handed Title II utility-style government regulation on Internet service providers (ISPs) and return to the longstanding, successful light-touch framework under Title I of the Communications Act."
This is going to be an uphill battle to make the case that American's are not better off treating the internet as a utility.
What happens next? Again, net neutrality isn't technically dead yet. There will be another vote later this year, followed by inevitable lawsuits -- which supporters have a good chance of winning. Today, with the formal introduction of the Notice of Proposed Rulemaking (NPRM) the FCC should soon re-open the agency's comment system, allowing you to share your thoughts on the killing of net neutrality. And while you might be inclined to think that your thoughts on this policy decision don't matter, these comments will come in handy in the inevitable looming legal fight to come.
As I mentioned previously, this is why it is not effective to make these types of decisions as executive orders. Now each administration is going to be stuck wasting a few years trying to get the courts to agree to their delineation of power of the FCC over the ISPs. Even if the courts make this decision through various appeals, it'll only take another case's rulings to overturn the precedent.
In the end, all of this inefficiency would be best resolved by a different solution. The legislative branch needs to get involved and set some laws in relation to the internet and how it is made available. This way the legal landscape of the infrastructure of modern society is not constantly in flux.