What's the use of antitrust law if Obama allows AT&T|T-Mobile deal?
March 29, 2011
[Commentary] How deep is corporate influence on President Barack Obama? Is there no business request so anticompetitive, so anticonsumer that the administration would be forced to say no? Should the Justice Department's antitrust division (more than 800 employees; average salary of more than $150,000) just go out of business? We're about to find out. If President Obama approves AT&T's proposal to buy T-Mobile, he'll have reached a new Washington low in preventing the kind of oligopoly disaster that even conservative economists agree is bad for consumers and bad for innovation.
What's the use of antitrust law if Obama allows AT&T|T-Mobile deal?