No, not really. It's an industry that the government failed to regulate because of corruption and free market worship.
The government didn't create the monopoly, it just failed to fix it.
"Why are things so different, and so expensive, in the United States? There are various answers, but by far the most important ones are competition and competition policy. In countries like the U.K., regulators forced incumbent cable and telephone operators to lease their networks to competitors at cost, which enabled new providers to enter the market and brought down prices dramatically. The incumbents—the local versions of Comcast, Time Warner Cable, Verizon, and AT&T—didn’t like this policy at all, but the regulators held firm and forced them to accept genuine competition. “The prices were too high,” one of the regulators explained to the media writer Rick Karr. “
There were huge barriers to entry.”"
"This sorry situation isn’t an accident. It’s the predictable outcome of Congress bowing to the monopolists, or quasi-monopolists, and allowing them to squelch potential competitors. “Americans pay so much because they don’t have a choice,” Susan Crawford, a former adviser to President Obama on science and innovation, and the author of a recent book, “Captive Audience: The Telecom Industry and Monopoly Power in the New Gilded Age,” told the BBC. “We deregulated high-speed internet access ten years ago and since then we’ve seen enormous consolidation and monopolies… Left to their own devices, companies that supply internet access will charge high prices, because
they face neither competition nor oversight.”"
We Need Real Competition, Not a Cable-Internet Monopoly - The New Yorker
