Thursday, June 05, 2014

T-Mobile and Sprint Zeroing In on a $32 Billion Merger - NYTimes.com

Final paragraph from a discouraging case study in oligopoly politics

"Among the three proposed deals that the F.C.C. and the Justice Department will weigh, Mr. Moffett considers that the Comcast and AT&T proposals will be the ones to pass, since either approving all three or rejecting them all would be politically untenable. “They will have to find at least one acquisition to be the sacrificial lamb,” he said."
T-Mobile and Sprint Zeroing In on a $32 Billion Merger - NYTimes.com
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