Some of the tech sites I follow have basically been running <Jackie_Chan_Meme.jpg> levels of incredulity about this, since the FTC’s attitude is basically, “The Free Market will fix itself” while knowing damn well that the capital outlay required to compete is basically beyond anyone who isn’t doing it already.
As a libertarian, let me just be on record saying that the free market doesn't fix geographic monopolies, internet access is de facto infrastructure, and ISPs should be classified as "common carriers" under Title II of the Communications Act of 1934.
How about having trash collectors in spaaaaaaaaaaceeeee (still one of my favorite shows). But really, I don't expect this to be addressed if/until it becomes a forefront issue, like with any other imperiled common resource (specially one so hard to stage sit-ins at for interested parties).
IMO they shouldn't approve ANY new satellites (from any country) until this is addressed. That won't happen, but it's what SHOULD happen. I like SpaceX in general, however 4425 satellites shouldn't go up until there's a plan to deal with this.