Comment Re:The real solution (Score 1) 382
As the very first sentence I wrote started, "One of the reasons...", I'm not sure where you got the idea that I "honestly think that competition to lower prices is only achieved through skimping on quality or reliability..." Obviously I don't. Read more carefully before replying please.
That said, as others have pointed out, a sanctioned and regulated monopoly is not necessary in the example you cite.
Limiting competition is indeed the goal of a regulated monopoly -- that would be the reason we use the word "monopoly." However the goal here is not inherently to allow a single entity to profit in as much as it is to make sure a scarce resource (telephone poles, underground conduits, water pipes, etc.) are used to best effect. The only other alternative is to have the government own the infrastructure and provide the service themselves. I don't think that's a good idea either.
If you honestly think free market competition is the best way to go for crucial infrastructure services, I point you at California's electric power fiasco as evidence you are very wrong. California did exactly that in 1996. Now prices are high, supply is low and you get to enjoy rolling blackouts every summer! w00t!