CBS "Late Show" host Stephen Colbert joked during his monologue Thursday about the end of Obama-era net neutrality rules at the Federal Communications Commission (FCC), saying that the changed rules would mean bad news for his personal Etsy shop.

During his show's opener, the CBS host quipped that the FCC's 3-2 vote in favor of repealing net neutrality was a "sad day" for "us Webketeers."

"It's a sad day for us Webketeers, us Internaughts," he joked. "Because earlier this afternoon the FCC voted to repeal net neutrality."

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"What that really means is, repealing regulations that prevented your internet provider from blocking certain websites or slowing down your data. Now they can. And that's wrong, because the only thing that should slow your internet speed is the number of people also sitting at Starbucks working on their screenplays," Colbert said to laughs.

"So now a big player like Google could make their site load faster than a smaller player like Etsy," Colbert continued. "Which is bad news for my Etsy shop, 'Steve's Sleeves.' Some people sell shirts with the sleeves cut off, Steve's sells sleeves with the shirts cut off."

"Steve's Sleeves: You have the right not to bare arms," he joked.

The FCC's repeal of net neutrality regulations Thursday was bemoaned by Democrats but celebrated by Republicans, who called it a return to free-market principles.

"Following today’s vote, Americans will still be able to access the websites they want to visit. They will still be able to enjoy the services they want to enjoy," FCC Chair Ajit Pai said Thursday.

"There will still be cops on the beat guarding a free and open internet. This is the way things were prior to 2015, and this is the way they will be once again."