We still don't have a full-blown monopoly like we used to, but there's been considerable consolidation in the industry over the years. The T-Mobile/Sprint merge

We still don't have a full-blown monopoly like we used to, but there's been considerable consolidation in the industry over the years. The T-Mobile/Sprint merger is the latest example. Article from a few years back: https://www.theverge.com/2016/10/24/13389592/att-time-warner-merger-breakup-bell-system-chart https://www.theverge.com/2016/10/24/13389592/att-time-warner... There are massive economic incentives to consolidate infrastructure-like industries, hence why infrastructure is often nationalized, pseudo-nationalized, or heavily regulated.