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3 years ago
Irony here, is that ATT is basically buying back what it CREATED in the first place but had to give up by force because of the Government. So now all the acquisition costs will have to be paid by ATT (and their customers) and Bellsouth (and their customers).
If the Government would have kept it's meddling hands to itself and just allowed businesses to compete, we'd have the competition we have now and probably better service from all of these telecom companies.
I'll bet they've spent billions of dollars over the years compensating for their forced competition created by the Government.
3 years ago
good points, thanks
The irony started earlier when the government forced the ATT monopoly to ensure phone service in rural areas. So we got cycle of government forced monopoly, government breaking the monopoly, government Inventing competition and the next episode is legal cost of the procedures to approve the merger (which is the result of the government involvement to begin with).
can you follow? I can't! and at the end the consumer doesn't get better service at all, but need to pay the expenses.
3 years ago
3 years ago
You have to be fair and admit that the telecom companies are using the government to enforce rules that will be to their benefit. If the government is at all involved network neutrality is better then the other options.
The problem is that Government regulation do not improve, or regulate the market. And every time that Regulating fail we getting more regulations to fix the former wave.
It is not only the Socialists it is also the republicans that actually acting as the companies agents. The best deal was if it was really free from government regulations.