FCC Chairman wants a judicial review of proposed AT&T purchase of T-Mobile
0. phoneArena posted on 22 Nov 2011, 21:37
FCC Chairman Juliuis Genachowski said on Tuesday that he wants the proposed purchase of T-Mobile by AT&T to get reviewed by an administrative law judge as the FCC staff has come to the conclusion that a completed deal would lessen competition and lead to job losses...
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2. vvelez5 posted on 22 Nov 2011, 22:10 4 3
Lots of government agencies looking to block capitalism.
3. Droid_X_Doug posted on 22 Nov 2011, 22:29 3 3
@vvelez - fixed it for you: "Lots of capitalists looking to avoid competition."
Any time you remove a competitor, the end result is less employment and higher rates. AT&T is hoping that by repeating a lie (higher employment and lower rates ), it will be confused for the truth. Some will even confuse the lie for truth. But that doesn't make the lie true.
7. nickjjay posted on 22 Nov 2011, 23:38 3 2
Thats a good way to put it. Just becuz im personally against big governent, doesnt mean that i cant also be against anti-competative behavior. ATT has its roots in anti-competative behavior. Even tho Cingular bought them out, it looks like they still have that same distructive mentality that monopolies are the way to go.
13. vvelez5 posted on 23 Nov 2011, 10:07 1 2
Let me put it this way Droid_X_Doug. You have money to buy a product that you want and whoever is trying to sell that product is willing to sell it to you for a price you two agree on. Then someone who has nothing to do with the deal starts crying saying they don't want you to buy the item because it isn't fair that they couldn't buy it. (Sprint wanted to buy TMO but AT&T offered more money) So another group comes by and says the same thing. You can't buy it because it isn't fair for little Sprint who didn't have the money in the first place. Sound fair to you?
Also of course if you remove a competitor there is less competition but that is the name of the game of capitalism. Someone wins and someone loses and there will always be someone else looking to take the losers place (C Spire, Metro PCS)
The idea that people can't win or lose in a capitalistic society isn't capitalism. That's how it works.
Anytime you have government stick there nose in any type of business everything gets screwed up.
14. godsarmylds posted on 23 Nov 2011, 12:56 0 2
Sorry i dissagree concerning this situation. ATT and Sprint are two very different companies and the merger affects the industry differently based on who does the purchase. ATT Already very large and plans over priced for what they even offer their customers. Sprint lot smaller company and prices very customer friendly. I hope you can connect the dots from this point. It makes more sense for Sprint to be able to purchase tmo. It make very little sense to allow att to purchas tmo.
15. vvelez5 posted on 23 Nov 2011, 13:48 0 0
In a capitalistic society, that isn't your decision to make. The one who wants to sell the company and the one who wants to buy it has that decision. Also the same thing will happen if Sprint buys TMO because that is one less competitor regardless. Also ATT's plans are similar to Verizon except for the data plans which ATT offers more flexibility than Verizon.
DT doesn't want TMO anymore. They are looking to sell it and get rid of it. So why can't they sell their product?
That's like saying you arent allowed to have a garage sale because your next door neighbor doesn't have the money to buy whatever you are selling but someone does.
4. hitechredneck posted on 22 Nov 2011, 23:27 1 0
Block at&t but don't tax overseas american companies. what a joke. So keep the deal out so at&t will back out. Deutsche telekom has already said the deal is going through. I like to see the deal go through just to give verizon a run for their money like at&t's new LTE network. Can't wait to see what 2012 has to offer, looks like it might be quite the year.
5. jtech posted on 22 Nov 2011, 23:32 4 3
Screw capitalism, screw this stupid deal finally they agencies are doing something right. If at&t buys out tmo it becomes a monopoly and prices sky rocket no matter what the liers at at&t say
6. BattleBrat posted on 22 Nov 2011, 23:38 4 1
At&t's network actually isn't bad, the people I know who have a problem with at&t's network use Iphones, so you do the math.
8. JGuinan007 posted on 22 Nov 2011, 23:40 0 0
The deal will go through ths gov needs to grand stand and politcians needs to hoot and holler til their pockets are greased enough