Obama has an antitrust division after all
The NYT reports that the Justice Department has sued to block the merger between AT&T and T-Mobile. Yay. If you don't try to stop this merger there's really no reason to have an antitrust division at Justice or not to summon John D. Rockefeller and the old, unified Standard Oil back from the grave. This is from my March column about the AT&T -- T-Mobile engagement:
How deep is corporate influence on President Barack Obama? Is there no business request so anticompetitive, so anticonsumer that the administration would be forced to say no?Should the Justice Department's antitrust division (more than 800 employees; average salary of more than $150,000) just go out of business?
We're about to find out.
Comments
T-Mobile is a company without a home. Its German parent company has publicly said it does not want to invest in keeping the company current with the latest technology. AT&T and T-Mobile use the same type of cell phone technology. If not AT&T, who is the lifelilne for T-Mobile. Plus, if AT&T gets that extra frequency, all of us who are subscribers will get faster, improved high-speed service, especially in areas where the coverage isn't very good right now.
Posted by: AT&T subscriber | September 1, 2011 9:57 AM