Nah it's BS. It's American-flavored capitalism that's the issue, and it's crushing the free-market.

I live in SF - the densest US city on the west coast, and the densest US city after NYC. We have city-owned "dark fiber" run through (most?) every street. Any ISP can offer service by renting the connection to my house, as long as they service "the last hundred feet" from pole to door and the billing.

I have about half-dozen ISPs that will give me from 1G-5G of service, all under $100/mo - (a great price in America). I pay for redundant >1g fiber connections to my house for less than the price of my parent's 50 mbps bill.

The issue is capitalism. In much of the US, the ISPs have lobbied and enforced "monopolies" by exclusive fiat of the jurisdiction, in some shape or form. 16 US states have laws that prevent the local government from maintaining or providing internet infrastructure like fiber lines, requiring private companies to maintain it all. Any free-market enthusiast will readily tell you that competition brings prices down, but capitalism is crushing the free-market, reducing competition for the benefit of the wealthy.