Missed previous part of the series? There they are:
content providers and the increase in the amount of traffic that they generate on the Internet is the erosion of Internet connectivity prices. This erosion has two direct consequences:
- Content providers can send more and more traffic every year without increasing their connectivity budget.
- To survive, some transit providers accept more traffic than they can send through their peering links… => congestion
The figure below shows the evolution of transit prices over the years... Pretty impressive isn't it?