[NotYourLawyer]

Some people, when confronted with a problem, think "I know, we’ll use more government regulation." Now they have two problems.

[antisthenes]

And others think: "we'll let the free market sort it out".

Now you have 3 problems.

1. There exists an entrenched monopoly with political influence

2. Customers are being price gouged as a result of monopolistic price setting

3. Regulatory capture through lobbying by the monopoly ensures there's no competition going forward.