Network Neutrality is one of the most acrimoniously debated topics in Academia and Industry. Extensive literature has been written on it on both sides of the subject. In this survey paper we summarize the related prominent literature categorically and then evenhandedly analyze the arguments given in them. In the end we conclude that network neutrality is a manifestation of fear of monopoly on Internet which can be alleviated easily by providing a healthy competition rather than passing a stifling and stringent legislation.