I remember when old "Ma Bell" was broken up--now we are just about back to where we began--
Break Up the Telecom Cartels - NYTimes.com: "SINCE 1974, when the Justice Department sued to break up the Ma Bell phone monopoly, Americans have been told that competition in telecommunications would produce innovation, better service and lower prices. What we’ve witnessed instead is low-quality service and prices that are higher than a truly competitive market would bring. After a brief fling with competition, ownership has reconcentrated into a stodgy duopoly of Bell Twins — AT&T and Verizon. Now, thanks to new government rules, each in effect has become the leader of its own cartel. The AT&T-DirectTV and Verizon-Bright House-Cox-Comcast-TimeWarner behemoths market what are known as “quad plays”: the phone companies sell mobile services jointly with the “triple play” of Internet, telephone and television connections, which are often provided by supposedly competing cable and satellite companies. And because AT&T’s and Verizon’s own land-based services operate mostly in discrete geographic markets, each cartel rules its domain as a near monopoly. . . . "
When I hear that the FTC is enforcing antitrust, I want to puke. Comcast should be the first required to divest of its internet services--and there are many other monopolies now in telecommunications.
Tweet Follow @johnmpoole
The Big Picture
Financial Crisis - The Telegraph
JohnTheCrowd.com | The Sailing Website
Craig Newmark - craigconnects
- ► 2015 (131)
- ► 2014 (368)
- ► 2013 (380)
- Howard Dean may be right: Let’s Go Over the Fiscal...
- Windows 8 fails on desktop
- Quote of the Year
- Government, Antitrust, and Cartels
- New FCC rules will let a single company own a town...
- Think the U.S. doesn't have debtor prisons?
- Season's Greetings
- Windows XP Tablet -- think what might have been
- Gas tax hike could be part of fiscal cliff solutio...
- Google Revenues Sheltered in No-Tax Bermuda
- Pronouncements, Predictions, and Projections
- State Department Blamed for Benghazi Disaster not ...
- New home sales stagnant, cast shadow on housing
- Susan Rice and her political ambitions
- FTC nominee Joshua Wright to skip Google cases
- WCIT2012 -- the Debacle in Dubai
- McAfee settling into Miami - 'will not go back to ...
- More video from McAfee
- John McAfee - the CNBC interview (video)
- "Do you not know with how little wisdom the world ...
- The 90s Economic Boom Is Not Coming Back
- Declining Jobless rate due to shrinking labor forc...
- UN's ITU Should Be Dismantled says Former White Ho...
- ITU Proves It Is Unfit To Regulate the Internet
- John McAfee: "I wish I could just pack my bags and...
- Sticking With Windows 7
- The Payroll Tax - the problem and part of the solu...
- Cuba, free speech, and internet freedom
- The American brand and DHS
- Final Caveat on Windows 8
- Take Action: Add Your Voice to Keep the Internet #...
- Microsoft Windows 8: welcome to the worst in both ...
- Cat Signal Issued by Internet Defense League
- Early sales of Windows 8 are far below Microsoft’s...
- ▼ December (34)