CloudFlare's bandwidth peering with Telstra and other bad actors

For instance, if Telstra were to peer with CloudFlare then they would only have to move traffic over about 30 meters of fiber optic cable between our adjoining cages in the same data center. Now Telstra will need to backhaul traffic to Free customers to Los Angeles or Singapore over expensive undersea cables. Their behavior is irrational in any competitive market and so it is not a surprise that each of these providers is a relative monopolist in their home market.¹