Yay, private entities filtering my traffic. Nice!
On a more serious note, this may well lead to more encryption or obfuscation. Both is pretty seemless nowadays and therefore not too much hassle for Joe Average.
Of course, the "Law" will just ban encryption. And then loosen privacy rights. Because non of this will truly work until you make your opponent completely helpless. Anything else will just be an arms-race as we see it now.
It's the same argument as with anti-terror bullshit, really. Complete control means complete surveillance means no privacy.