I am bothered by it, but I don’t think lack of regulation is going to fix the issue, because an ISP is a natural monopoly. The rights they have acquired from the government and from the private sector to lay all those wires provide too big a hurdle in the absence of regulation, and passing laws to make to easier to lay wires for competition would have to have all sorts of negative externalities for property owners and cities, not to mention the inefficiency of building the infrastructure twice. So that leaves regulating the current ISPs as a public utility, like is done successfully in much of the world, or leaving the market in the hands of monopolists.