4 ms·
This deal is sadly going to go through. It's all based on anchoring and based on the industry's first "offer" to the FCC and other regulators: 1. Let us create
by spuiszis 12y ago
This deal is sadly going to go through. It's all based on anchoring and based on the industry's first "offer" to the FCC and other regulators:
1. Let us create a "fast" lane and a "slow" lane. This allows Telcos and ISPs to raise rates and gain even more power than we already had.
2. Let us, as the #1/2 player in an oligopoly, merge with the #3/4 "competitor". This allows us to provide better service, etc, etc, etc.
#1 is ridiculous and the public push-back has been strong that it likely won't happen (let's pray to God it doesn't).
However, in the context of asking for industry-wide de-regulation (that still might go through), a merger between industry leaders, which happens all the time, doesn't seem that ridiculous. Plus, having an FCC chairman who used to be your head lobbyist helps the merger even more[1].
[1]http://en.wikipedia.org/wiki/Tom_Wheeler http://en.wikipedia.org/wiki/Tom_Wheeler