It was just as much a natural monopoly historically as it is now. The last mile cost you talk about is the barrier to entry I mentioned. Again, it's not a ver

It was just as much a natural monopoly historically as it is now. The last mile cost you talk about is the barrier to entry I mentioned. Again, it's not a very good example because (historically or not) it's a market that lends to less competition by default. Even Google is having problems with this natural monopoly: http://www.theverge.com/2016/8/15/12492890/google-fiber-wireless-plans-la-chicago-dallas http://www.theverge.com/2016/8/15/12492890/google-fiber-wire...