Chief technology officer at Amazon, Werner Vogels, tweeted that he was "extremely disappointed" by the move and that Amazon would "continue to work with our peers, partners and customers to find ways to ensure an open and fair internet that can continue to drive massive innovation."
Google, in a statement to CNBC, also vowed to work with partners, saying the company will continue to "promote strong, enforceable protections." Here's the full statement:
We remain committed to the net neutrality policies that enjoy overwhelming public support, have been approved by the courts, and are working well for every part of the internet economy. We will work with other net neutrality supporters large and small to promote strong, enforceable protections.
Brad Smith, president and chief legal officer at Microsoft, tweeted that an open internet benefits the entire economy.
And Airbnb CEO Brian Chesky called the decision "wrong" and said a free and open internet is essential to widespread economic empowerment.
The Democratic Party also weighed in on the Republican push to deregulate the internet, saying it would be "fighting back" against the "massive blow to our free and open internet."
New York Attorney General Eric Schneiderman has vowed to sue the FCC over the issue.