The Bell breakup was stupid. If you have some competing companies, but they meet up, and agree to divide the country into regions,
and then choose to not compete with each other, that's not at all free market capitalism. Capitalism requires competition in the market in order for market forces to actually work! Cars is another example where, in the modern framing, the dealership model is bullshit and manufacturers should be able to sell direct to consumers. And it does make a certain amount of sense. But if the argument is for smaller organizations, the fact is that local dealerships are smaller than, say, Ford, and so if the argument is that the dealership model sucks because the car dealerships have too much power and are abusing it, taking power away from them and ceeding it to an even bigger organization doesn't make a lick of sense.