Following your logic, then anyone who would trust the government to regulate the internet would have to be even dumber, as their are fewer options for politicians as their are for internet and phone options.
You need a phone, but you have a lot of options with cells, internet phone, landlines. I live in a small town and have access to 9 wireless carriers, i can use voip and i can get a landline. For internet I can use 4 of those wireless providers, cable, broadband and we even have a wireless internet option. There is a lot of competition in the communication industry. There is little competition in government. I vote with my dollars much more often than i vote in a poll, which is why i will be switching to Verizon once they get the iPhone.
...when fits of creativity run strong, more than one programmer or writer has been known to abandon the desktop for the more spacious floor. - Fred Brooks, Jr.