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JRPGfan said:

"Two years ago, I warned that we were making a serious mistake. It's basic economics. The more heavily you regulate something, the less of it you're likely to get," Pai said during a speech at the Newseum in Washington on Wednesday.

The point of regulation is to protect the consumer.
But who cares about that guy right? I mean some of these ISP might earn more if you dont regulate how they do bussiness.

The question is... why does Pai care how much these ISP profit? and why does he weigh it above consumer protections.

Well the young douchebag Pai might have high ambitions.  Who knows?  Perhaps after pushing this through he will become the CEO of Comcast or Charter/Spectrum (formerly Time Warner) in the following years.