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Wow that explains a lot why ofcom has stayed of cable's back then
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The other reason could be that with ntl/TW already struggling to compete with BT/Sky, any change that costs ntl/TW time and money isn't going to help healthy competition. I've no doubt that, if ntl/TW get into a good financial state, they'll be forced to open up (essentially as BT has done). Until then, no chance. Anyway, it's technically bloody difficult.
On the other hand, there's no chance that Sky will be forced to give up its monopolies on football etc. or allow other organisations to use its satellites, unless the EU force them. Mr. Tony is too much Mr. Rupert's little friend.