The only economic system the West hasn't tried on a serious level is Distributism and sadly, Distributism is the only system that answers this economic problem of having a faustian bargain of monopolies or government control. When a business has to operate on that dichotomy, society turns over the work to a non-profit corporation that manages the infrastructure as a social good, works fairly with the private sector and is sufficiently powerful to resist undue political pressure.
If that sounds almost feudal, well it is influenced by the old feudal system. Under Distributism, such a corporation would not be state owned. It would be the equivalent of a feudal lord with a letter patent granting rights and authority to operate. That means Congress could still act and force its hand, but it would take Congress acting with a serious majority and mandate.