If you want a good example of what can happen when government cements these monopolies, look at Uber. There is no telling what they have spent tied up in court because they are busting up a government protected industry: taxis. They do 2 things:
They knock down the artificial barriers to entry created by government/taxi business and adjust prices to increase the supply of drivers so they can just meet demand. I mean, they are the pinnacle of what free markets look like. They do this without having to pay the astronomical prices for an artificially limited number of taxi medallions.
That’s not what we want with the internet. That’s what we got with taxi services and their artificial markets and that’s what we got with Obamacare. At some point, we have to learn our lesson, right?