When worrying about the tug-of-war between the big content providers (Google, Netflix, etc.) and the bandwidth providers (Comcast, Verizon, etc.) that captures consumers in its wake, its easy to forget that there is a poignant innovation interest at stake as well.  

Cato notes this tension and discusses the downsides of regulating the internet as a utility in its recent post: Net Neutrality — or Destroying Internet Innovation and Investment?