If there was no competition in the UK IE Virgin or the government opening up the local loop we would still all be on 56k modems. IT still hurts to even return to a BT whole sale product, although my time with Nildram was great pre Tiscali take over.
The economics of FTTx installation are such that it is not commercially viable for two providers to install in an area. It's been tried before, notably with the number of dark fibre / fibre leased line providers in major cities in the last decade (the market became saturated and many went bust), also with Digital Region versus BT Openreach in South Yorkshire (where they're fighting for the same business and many retail providers won't bother establishing themselves with a small wholesale provider).
Where there is BT FTTx, BT Openreach sell wholesale FTTx to anyone wishing to establish their own backhaul - it isn't mandatory to take BT Wholesale backhaul. At the moment, only BT Wholesale, Sky and TalkTalk have chosen to take this option, though other backhaul providers may join in. The FTTx infrastructure takes the place of the metallic local loop in the unbundling process.
Eventually, the whole 'up to', 'fast path or interleaving' and 'that darned DLM' will go away, as all new products will be FTTP or, for blocks of flats and similar, FTTB. These products are installed with optical parameters that should ensure they work with whatever flavour of PON they're fed with. They are either are within specification and work at full speed or are outside specification and should be fixed.
There's not much more possible with metallic local loops - VDSL2 is up against the limits of twisted pair physics. There are important enhancements that may well still come, but I don't foresee another generation of DSL. Vectoring may help to raise speeds by limiting the effects of near-end crosstalk at the DSLAM. For the best lines, there is the possibility of greater speeds via a profile 17a uncapped product or deployment of profile 30a. It may also be possible to ease or lift the power mask on the spectrum shared with ADSL2+, especially if areas become FTTC only.
It will be interesting to see how FTTP deployment goes over the next few years, both in terms of FTTP roll-out in FTTC served areas, and in 'virgin' FTTP deployment.