"A monopoly is a monopoly in the public hands or in private. However a private company can
be regulated and bribe lobby for deregulation and consolidate its position...."
Very true, and a country can turn them down. However the public sector can skip the part about lobbying and consolidating its position. It is the monopoly and it is the regulator. And it all bends to the will of the government who will offer many bribes to us with our own money and with no shame. They do it openly, in public.