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With respect to Internet traffic exchange, this report concludes that existing agreements create the right incentives for broadband markets to develop. The analysis indicates that the exchange of Internet traffic gives rise to the establishment of different business models. For example, some incumbents establish many direct peering relationships with other operators, while others have adopted a strategy of dealing with only a small number of other backbone networks. Trade negotiations provide the flexibility for these practices to continue and for the market to decide the most effective terms. By imposing external constraints, it would risk fundamentally altering the incentives to adopt trade measures and solutions to problems that may arise, and further accentuate existing distortions where monopoly power is exercised. The value that different networks bring to the exchange of Internet traffic must be given due consideration in trade negotiations. The best guarantee in this respect is to ensure that there is sufficient competition in the broadband markets.
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With respect to Internet traffic exchange, this report concludes that existing agreements create the right incentives for broadband markets to develop. The analysis indicates that the exchange of Internet traffic gives rise to the establishment of different business models. For example, some incumbents establish many direct peering relationships with other operators, while others have adopted a strategy of dealing with only a small number of other backbone networks. Trade negotiations provide the flexibility for these practices to continue and for the market to decide the most effective terms. By imposing external constraints, it would risk fundamentally altering the incentives to adopt trade measures and solutions to problems that may arise, and further accentuate existing distortions where monopoly power is exercised. The value that different networks bring to the exchange of Internet traffic must be given due consideration in trade negotiations. The best guarantee in this respect is to ensure that there is sufficient competition in the broadband markets.
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With respect to Internet traffic exchange, this report concludes that existing agreements create the right incentives for broadband markets to develop. The analysis indicates that the exchange of Internet traffic gives rise to the establishment of different business models. For example, some incumbents establish many direct peering relationships with other operators, while others have adopted a strategy of dealing with only a small number of other backbone networks. Trade negotiations provide the flexibility for these practices to continue and for the market to decide the most effective terms. By imposing external constraints, it would risk fundamentally altering the incentives to adopt trade measures and solutions to problems that may arise, and further accentuate existing distortions where monopoly power is exercised. The value that different networks bring to the exchange of Internet traffic must be given due consideration in trade negotiations. The best guarantee in this respect is to ensure that there is sufficient competition in the broadband markets.
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"Networks powered by algorithms are pervasive. Major contemporary technology trends-Internet of Things, Big Data, Digital Platform Power, Blockchain, and the Algorithmic Society-are manifestations of this phenomenon. The internet, which once seemed an unambiguous benefit to society, is now the basis for invasions of privacy, massive concentrations of power, and wide-scale manipulation. The algorithmic networked world poses deep questions about power, freedom, fairness, and human agency. The influential 1997 Federal Communications Commission whitepaper "Digital Tornado" hailed the "endless spiral of connectivity" that would transform society, and today, little remains untouched by digital connectivity. Yet fundamental questions remain unresolved, and even more serious challenges have emerged. This important collection, which offers a reckoning and a foretelling, features leading technology scholars who explain the legal, business, ethical, technical, and public policy challenges of building pervasive networks and algorithms for the benefit of humanity. This title is also available as Open Access on Cambridge Core"--
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