Don't forget the provisions -- that the telcos heavily lobbied for -- in the last major telecommunications act that made it legal for them to lock out all those smaller ISPs.
IMNSHO, the anti-trust actions should have started the day the first Baby Bell was being purchased to begin the reconstitution of Ma Bell. It's time to break up AT&T again.
And kudos to whoever it was who suggested that they (and the cable companies) need to divest themselves of any content creation companies they now own. Owning the pipe and the content seems like creation of a vertical monopoly to me. I don't need or want the ISP's "content". I'm struggling to think of any content that AT&T could provide to me that I would find valuable. In fact, I really don't want to deal with an internet service provider but, rather, an internet connection provider. That's what I have now through one of the companies that's managed to survive on the crumbs left over after AT&T started pricing access to their copper to the point that it killed off the little guys. It works fine although its tough to describe my connection as "broadband".