1. How exactly is labor, land, power, or dark fiber lower quality in east Germany (if we ignore the fact that Nuremberg doesn&#x27;t really qualify for being cheap nor for being in east Germany)? If anything, the subsidies might suggest that operating a business is actually more expensive, which is why it&#x27;s being subsidised.<p>5. You are also aware that they operate some 170 Gbit&#x2F;s of private peering?<p>6. Which costs exactly are they externalizing with regards to peering in your opinion? So far, your argument seems to be &quot;they don&#x27;t pay as much as DTAG would like them to, therefore, they are externalizing the difference between DTAG&#x27;s wishes and what they are willing to pay&quot; - which isn&#x27;t exactly how you determine externalities.