Color me completely unsurprised: Verizon is talking to Netflix too

Appearing on CNBC Monday morning, Verizon’s CEO Lowell McAdam said his company has been discussing some type of peering agreement with Netflix for over a year, and he believes some type of agreement could be reached. This isn’t surprising given that Verizon users have also been complaining about their video streaming service and that Comcast and Netflix just announced their own interconnection agreement. While ISPs will tout this as a win for the industry, there are plenty of competitive issues that should give people who care about the internet pause.