FCC believes AT&T/T-Mobile merger would harm consumers

In a call with the media yesterday, The FCC became the latest federal entity to pile on AT&T's proposed purchase of T-Mobile America, when Chairman Julius Genachowski announced that the agency would be reviewing aspects of the proposed deal that appear to run afoul of the public good. The decision follows directly on the conclusions of an FCC committee that found the deal would harm consumers, by establishing what is euphemistically referred to as a ‘overly concentrated' phone market, which would likely lead to higher unemployment.

2DayBlog.com, FCC believes AT&T/T-Mobile merger would harm consumers