The original comment is absolutely correct in that if the video stream is delivered via HTTPS it is impossible to downsample it. Now, whether YouTube et al actually use HTTPS for the video stream, I don't know...
This is how T-Mobile performs their throttling, and could be done to any class of traffic.
https://www.eff.org/deeplinks/2016/01/eff-confirms-t-mobiles...
Disclaimer: My last job was infrastructure at an Internet-only video news org.