"That said, even though the Commission has general authority to regulate in this arena, it may not impose requirements that contravene express statutory mandates. Given that the Commission has chosen to classify broadband providers in a manner that exempts them from treatment as common carriers, the Communications Act expressly prohibits the Commission from nonetheless regulating them as such. Because the Commission has failed to establish that the anti-discrimination and anti-blocking rules do not impose per se common carrier obligations, we vacate those portions of the Open Internet Order."
It seems very likely that the FCC will rewrite their regulations to fix this. Everyone knows that net neutrality is important, and this ruling is just an issue in legalese. It's a little early to resort to torch-and-pitchfork hyperbole.