President Obama Blocks Business Merger Of AT&T And T-Mobile (Anti-Business?)

the only troubling aspect of the statement is that it isn't a final decision so it can easily be changed if ATT bribes the right people

 

FYI: for all you conservatives and t-baggers who do not like government regulation, IRAs, 401ks, life insurance is not regulated by the government. It is what you want you should put all your money into it because the feds will not touch these retirement accounts with regulations on the corporations that run it.

 

Yay for freedom and mergers! If AT&T had been allowed to buy T-Mobile, as every single right-winger on this thread wanted, then those nasty, lazy socialists at T-Mobile would not have been able to compete with a successful capitalist company like Verizon by bribing Verizon customers to leave them by paying cancellation fees. That is communism and it is evil.

 

And just how long do you think it will be when Verizon buys out a combined Sprint/TMobile (or vice-versa), or puts them out of business? How much longer before AT&T goes under. The industry is now mature, and the costs of entry into the wireless market are too high for new players to come into the field and be competitive.