content: If we had more competition they'd be more likely to upgrade their equipment and buy/provision more waves on the backbone & last mile.  Yes, there is a theoritical limit - but many of today's issues are caused by them not keeping up (despite being handed money by the government to do things such as that). Hell, these bastards require payment for peering!  Nobody but the biggest assholes do that.  Basically, that makes it so not only are you paying to have them send data to you, but the upstream  (usually originating) network is also paying them for the "privilege" of sending that data to you.