It's not mutually exclusive. And I'll throw out there that the days of the most competition in the ISP space, the days of dial up, had these same provisions on the books. Since it was based on phone lines, the last mile providers were all full Title II Common Carriers, with these same provisions.
And what specific laws and regulations were a burden? Net neutrality existed already as rules on the books before being removed by Pai's FCC. I always here vague "think of the burden", but no one can point to the actual burden except in vague, propagandistic terms deeper than name dropping "regulation".