The problem it’s intended to address is the problem of unfettered political speech, propagated at the speed of light.
This is a serious problem for our elites. Who, I suspect, will quickly find a way to bypass “net neutrality,” if such a way doesn’t already exist.
You are exactly correct. The “legitimate” press - websites connected to known media members of the dinosaur press will receive unrestricted traffic across their sites. This is only about squelching alternate voices who aren’t noted famous so-called journalists. This is CPR for the dying legacy media.