IIRC a well thought out idea has long been to have privacy, in various forms, handled by the FTC. Then the recent change for the FCC was to go ahead and get the FCC out of privacy and move, hand over, transfer what the FCC was doing on privacy to the FTC.
I have read nothing and have no idea what the consequences will be for privacy. E.g., maybe the FTC will, net, give us better regulation of privacy or maybe worse.
My understanding is that once these companies were deemed common carriers, the FTC was prevented from regulating them at all. State attorneys general will still be able to prosecute civil cases where harm can be shown, however.
I have read nothing and have no idea what the consequences will be for privacy. E.g., maybe the FTC will, net, give us better regulation of privacy or maybe worse.