We have to decrease competition in order to increase competition! Sit
back, relax and get ready for humongous corporations to explain how
fewer choices mean more and better choices. (Or so goes one of the
arguments in support of the AT&T and DirecTV deal.)
It seems like another telecom merger is happening every day and soon there will be one gargantuan company that is in charge of every single cable, phone and internet connection in the United States.
These mergers wouldn't bother me if they involved companies making things like toasters or cars, but these are the guys who control the flow of information.
They already wield enormous power and that power is consolidating. Sure, we may have super-duper high speed connections and the convenience of a single (overpriced) bill, but at what cost?
Read more: "Antitrust Us!" AT&T Swallows Yet Another Media Company | Alternet
It seems like another telecom merger is happening every day and soon there will be one gargantuan company that is in charge of every single cable, phone and internet connection in the United States.
These mergers wouldn't bother me if they involved companies making things like toasters or cars, but these are the guys who control the flow of information.
They already wield enormous power and that power is consolidating. Sure, we may have super-duper high speed connections and the convenience of a single (overpriced) bill, but at what cost?
Read more: "Antitrust Us!" AT&T Swallows Yet Another Media Company | Alternet
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