Speaking of "bullying," assault, "an intentional act by one person that creates an apprehension in another of an imminent harmful or offensive contact," [1] is already illegal. Sounds an awful lot like credible bullying. Why should this be legal online?
[1] http://legal-dictionary.thefreedictionary.com/Verbal+assault
This is currently a law enforcement blind spot, but that needs to change.
BTW, putting quotes around the world "bullying" isn't actually effective in mocking it as something actionable; it just communicates to us that you are perfectly ok with bullying.
We should also be careful about criminalizing bullies, since a large portion of them are young (and quite possibly bullied or abused themselves). It's a problem, and it needs more attention, but rushing to criminalize it seems hasty to me.
Not all wrongful doings ought be illegal.
The FCC has been trying to get their hands on the internet for decades, and I see enforced net neutrality as their Trojan horse. It's possible I'm overly paranoid.
fwiw, we probably agree on the actual definition of bullying, and also that it should be illegal. I put it in quotes to indicate I'm using it imprecisely, not because I'm OK with what I believe to be legitimate bullying.