Yes. Imagine, the nerve of the government, trying to tell Verizon what it can and cannot serve over it's pipes... Sheesh.
Seriously, though, If Verizon wants to edit what they show, I say let 'em. I'll be using another network, though.
Sure. Verizon can start paying me, as a citizen, the rate I want for the right-of-ways where there infrastructure lays. And they can start paying me for the intellectual property rights to the technology which originated from a DARPA project (read, my tax dollars.) Then they can act as shitty and totalitarian as they like with 'their' infrastructure.
Interestingly it was not that long ago that the CEO of Verizon (I think it was) actually got prosecuted by the justice department for supposed financial reasons. The funny thing about it is that he was about the only one over the last decade. Some suppose that it may have had something to do with Verizon having the audacity to ask for subpoena before allowing our intelligence services troll in the oceans of their customer's data. AT&T and the rest had no compunction about doing so, and were subsequently granted retro-active blanket immunity for their crimes (presumably if they agreed to commit such crimes on demand going forward.) I figure that Verizon would fall into place...if not jump out in front.