Re: Wishful thinking
It did work for a while. The RBOCs worked for a while but then the world changed completely under their feet. Mainly the technology change (the escape of the Internet out of academia and into the wide world), combined with a massive weakening in the willingness of the US government to regulate natural monopolies (not just in telecoms - and both Reps and Dems are equally guilty).
Nowadays, of course, the US telco industry has congress and regulators sitting in their pocket and they are rubbing their hands with glee to see the attention completely turned away from them onto the Internet giants.