Before we get all up in arms about governments taking monopoly, we should remind ourselves that the "bottom up" approach being championed here gave us the Google-Verizon open internet proposal in August. As I understand it, the proposal have implied net neutrality for wireline services but has an opt-out for wireless internet. So the bottom up approach is not a guarantee that it will produce better policies.
But on balance, the bottom up approach has certainly been good for the internet. I just want to keep it in perspective.
References for the Google-Verizon deal:
http://googlepublicpolicy.blogspot.com/2010/08/joint-policy-...