Sure. It's similar. Under the U.S. proposal, ISPs would arguably have to monitor and police their users' activities online, which would be a very costly endeavour. Either it would be costly because they would have to invest in technology and personnel to actually monitor online activity and/or it would be costly because they could face lawsuits for what their users do online.
We know that the telecom companies will pass on regulatory burdens and costs to consumers. There's no doubt about that.