It's like protecting the environment, corporations often won't so the government has to step in. If private enterprise can't police themselves on things like this, they better expect the government to step in. It's funny too, these companies yell for government money, but when they are asked to play nice in return the same companies scream bloody murder. I really get tired of their hypocrisy.
It shares no similarity with regulation for protecting the environment. I can cite many examples of the FCC regulating providers to create competition and killing it instead. Look at the FCC and how under served markets are regulated with Commnet ending up squatting on rural licenses because of the regulation that cellular licenses have to have x amount of coverage. How is that serving consumers? It was a well-intended regulation that ended up crippling rural coverage by regulating license area into the hands of politically connected companies that are up to no good.
Fiber backhaul for Verizon in Southern Illinois in 2013 - about time.