Sure, but Netflix did "peer" with Verizon (read: put their servers on the Verizon network). At this point, anything happening is either Netflix's fault (for not

Sure, but Netflix did "peer" with Verizon (read: put their servers on the Verizon network). At this point, anything happening is either Netflix's fault (for not buying enough bandwidth) or Verizon's fault (for having a congested internal network), and we don't have enough information to know which. Could also be that the agreement had an anti-defamation clause, and Verizon was counting on that to avoid upgrading their internal network.