Last updated: October 16, 2013 - 7:20pm
[Commentary] Two years ago, AT&T announced it had agreed to acquire T-Mobile USA from Deutsche Telekom for $39 billion. Fortunately, for Americans with cellphones, the government stepped in to prevent an already consolidated industry from calcifying further. Now, they’re reaping the benefits.
T-Mobile has taken to marketing itself as the “Uncarrier” and has indeed made some major moves that distance itself from the American wireless industry’s cartel-like behavior with actual, you know, competition. Here we have an extremely valuable lesson in why we need antitrust enforcement. Had AT&T absorbed T-Mobile two years ago, there’s zero chance any of these big changes would have been made.
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