> You're talking about totalitarianism under the false guise of socialism.
What's what you tend to get when you grant the government ever increasing powers. If not outright genocide you will end up with more and more meddling and the expansion of government power.
That's what beaurocracies do. They seek to expand themselves.
Also, they don't seek to be efficient. So they will seek the most costly path possible. They are not run by altruists but by the same greedy crass types that fuel capitalsm. They're out to increase their personal power, wealth and influence.
You have the same problem with corporations but they aren't supposed to be monopolies. You should have the possibility of playing one off the other in order to get what's good for you and the public in general.
Of course "net neutrality" is ultimately a (natural) monopoly problem much like AT&T before it.