> A monolithic private institution doesn't inspire confidence in me any more than a monolithic public one. I don't see the purpose in switching one for the other, and would probably rather see it run by the government.

Indeed; this is why almost all "let's privatize X" initiatives are ultimately pointless (or perhaps even counterproductive). They merely shift the monopoly-holder from public-sector to private-sector, without alleviating the "there is a monopoly" status. Indeed, the private sector's legendary efficiency advantage specifically occurs when there is competition, and is not some magical thing that is endowed to the private sector and forbidden from the public sector.