Think it had more to do with the consolidation of the ISP space.

I used to have my choice of dozens of ISP's. Now if I am lucky I might have 2 or 3 from very large companies that did the math on keeping that going. It mostly happened when ADSL and cable took over. In most areas that meant only 2 or 3 companies could actually provide anything at speeds their customers wanted. Think at the time they always said it was cost cutting.