...so maybe it is time to finally admit that ISPs are natural monopolies, just like the water company or power company, and regulate them as a utility and ensure that local municipalities who want to provide these services for their residents have a legal path to do so?

The situation right now is so ridiculous that some states have laws outright barring municipal ISPs. If a breakup into regional private monopolies is the stepping stone to reducing ISP influence on government enough to get a more sane legal framework, I'll take it.