DoJ probes reviews US telecom powers
The US Department of Justice (DoJ) has begun looking into whether US telecom giants are abusing their growing market powers. According to a report published Monday by The Wall Street Journal, the inquiry is merely a preliminary review, falling short of a full-fledged investigation into anti-competitive practices. The review …
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I'd guess that ...
1 - the telco's know of their indulgences and how to put matters right
2 - have a deep and profound appreciation of liberties and how rights and responsibilities are entwined.
3 - interim conclude that it is probably better for the telco's to provide solution than wait for a political solution backed by law.
Reminds me of this
http://www.hulu.com/watch/4163/saturday-night-live-ernestine
(Of course, you might have to reside in the US of A to see this because apparently people in other countries don't matter, who knew? So here is a transcript written by someone with too much free time. The video is a joke, but the sad part is that it is real.
http://snltranscripts.jt.org/76/76aphonecompany.phtml
)
Odd way to put it.
"During the Bush administration"? Well, the consolidation would have happened anyway, just as in every industry. Heck, one year there were over twenty-five companies making automobiles here in little ol' Indianapolis alone. You might as well say "over the last nine years". Or better yet, "since IE market share peaked".
FWIW, I think the Bush administration and the FCC were happy enough that it was American companies buying American companies. Besides, the last time they busted up a telco, we wound up with SBC in charge. That CEO, Ed Whittacre, was so idiotic that O'Bama's string-pullers made him head of GM.
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