What we really need is the equivalent of Glass-Steagall for internet services. Prohibit the company that operates the last mile from owning or being owned by anybody that offers end-to-end connectivity or over the top services to end users.
The problem with just local loop unbundling is that the last mile provider has the incentive to favor their own services. They can operate their own ISP division at a loss or with zero margins (more than made up for by profits in the last mile division) which disadvantages competitors who have to lease the last mile and thereby maintains the status quo of no competition.
The problem with just local loop unbundling is that the last mile provider has the incentive to favor their own services. They can operate their own ISP division at a loss or with zero margins (more than made up for by profits in the last mile division) which disadvantages competitors who have to lease the last mile and thereby maintains the status quo of no competition.