Net Neutrality was a Netflix subsidy. It forced peering at a time when 60% of all traffic was from Netflix servers. Peering started as a voluntary agreement between two networks that traffic would flow freely across them. Networks would only agree to peer if the traffic was roughly 50/50 in both directions. Almost no one has 50/50 traffic with Netflix. So Net Neutrality forced small networks to peer with Netflix and carry their traffic for free. In practice it was all just a subsidy for Netflix.
Net Neutrality was a Netflix subsidy. It forced peering at a time when 60% of all traffic was from Netflix servers. Peering started as a voluntary agreement between two networks that traffic would flow freely across them. Networks would only agree to peer if the traffic was roughly 50/50 in both directions. Almost no one has 50/50 traffic with Netflix. So Net Neutrality forced small networks to peer with Netflix and carry their traffic for free. In practice it was all just a subsidy for Netflix.