DSL Reports:

"Australia recently claimed they were getting the short end of the stick in regards to global peering arrangements. America Online and Cogent Communications have also been feuding over the topic, Cogent recently upgrading its fabric with AOL by consolidating several OC-3 and OC-12 connections into eight OC-48s. But apparently a new peering policy at AOL isn't making friends; they recently informed Cogent they would have to shell out $75,000 per month just to keep this peering arrangement intact."

Here in France things turned ugly for a while between Proxad and France Telecom. Dreams of a global mesh network...