Why should netflix have to pay for last mile when they already pay their backbone provider, who may own most of the wire? We can come up with any scenario or one off situation but still the problem remains.
Should net neutrality go away? And is it fair what Verizon and others are demanding from Netflix/Youtube... Also, who should foot the bill, the backbone providers, the content providers or the last mile providers.
You talk of peering arguments yet you dont seem to back them. If netflix is a level 3 customer and level 3 has a peering argument with Verizon, then whats the problem?
