As much as people like to talk up the AT&T breakup, it wasn't all that effective because it just created regional monopolies with the silly local/long distance

As much as people like to talk up the AT&T breakup, it wasn't all that effective because it just created regional monopolies with the silly local/long distance split. Splitting up network companies and retailers might have been more interesting, but there's still the issue of having a monopoly on the last mile of copper.