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Wednesday, July 20, 2011

Not so fast: Wisconsin Senator Kohl questions the anti-competitive nature of AT&T-T-Mobile Merger

Herbert Kohl, U.S. Senator from Wisconsin.Image via Wikipedia
Senator Herb Kohl (D-WI) is
calling for regulators to block
the merger of AT&T and T-Mobile
Corporations.
National Journal reports that Senate Herb Kohl (D-WI) chairman the Antitrust Subcommittee, is calling for regulators to block the proposed merger of AT&T and T-Mobile, saying on July 20th that it would be "highly dangerous to competition and consumers."
Kohl wrote to the Justice Department and the Federal Communications Commission to argue that the merger would concentrate the market too much.
"I have concluded that this acquisition, if permitted to proceed, would likely cause substantial harm to competition and consumers, would be contrary to antitrust law and not in the public interest, and therefore should be blocked by your agencies," he wrote
The AT&/T-Mobile merger would leave millions of U.S. cellular customers with only one major nationwide carrier in the GSM marketplace. 


GSM-known as the Global System of Mobile Communication- is the preferred technology in over 80% of the international marketplace, due to the ability to change phone selection by use of a approved "GSM Clip", to receive cellular services.


Read the entire story on Senator Kohl's request to stop the anti-competitive AT&T/T-Mobile Merger at National Journal.

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