Not really when you look at the reasoning behind it, which is generally to provide a basic level of reasonable quality TV that can be accessed without special equipment and is easily usable even for the poorest.
The fact that (in the UK at least) the TVL effectively forces the commercial operators to at least pretend they care about the quality of their own content*, provides what is pretty much the largest on the job training for the film & TV industry in the country (I don't think any of the ITV franchises do much if any now), and possibly most importantly, content that simply isn't expected to be profitable.
We're reasonably lucky in the UK in that we have a TVL which is set up in such a way that we do not get adverts on the channels it funds, we can opt out, and we don't have separate fees for things like car radios.
Most of Europe operates a TVL of some kind, often at a much higher rate and with either no opt out at all if you own a TV, or additional fees if for example you own a car radio.
This doesn't take into account that the BBC tends to be the organisation that (in the UK) ends co-ordinating a very large amount of the R&D and testing of new hardware and systems for broadcasting, either working on it's own, or in association with manufacturers and foreign broadcasters (for example the BBC's technical expertise means that it does things like help testing new broadcast tech before the European standard is set).
From memory the likes of Sky and ITV etc all make use of standards and technology that was either originally created by the BBC, or first tested (and then developed with the manufacturers taking onboard feedback) by the BBC's various technical and research/development sections.
I think there was even a wish for the BBC to share it's Iplayer tech with other broadcasters that would have gone ahead except for complaints from commercial developers who complained about the competition issues, even with that from memory the BBC made it as easy as possible for device manufacturers to implement the iplayer on all platforms by making key parts of the dev kit open source.
*If only because if say ITV lets the quality drop too far in comparison to the BBC, ITV's advertisers will not be happy at the lack of viewers (whilst at the same time the BBC is free to do more niche content rather than yet another talent show to find someone Simon Cowel can make money from).