From the BBC...
"French web users caught pirating movies or music could soon be thrown offline.
Net firms will monitor what their customers are doing and pass on information about persistent pirates to the new independent body. Those identified will get a warning and then be threatened with either being cut off or suspended if they do not stop illegal file-sharing." (more)
From security pundit, Lauren Weinstein, who puts it a little more bluntly...
"In a breathtaking act of arrogance reminiscent of the heyday of Louis XVI (and likely to trigger similar public reactions among many Internet users, though perhaps unfortunately absent the 'equalizing' influence of la guillotine), the French government and its overseers (the entertainment industry), along with a cowering collection of gutless ISPs, have announced an agreement for ISPs to become the Internet Police Force in France." (more)