ATT and T-Mobile Merger
ATT and T-Mobile are attempting a merger that would place 80% of the market under the umbrella of ATT/T-Mobile and Verizon. Two carriers, 80% of the market. Would their be a lack of competition? Would this drive innovation? Would it increase coverage? What are your thoughts?
Should be Allowed
Side Score: 3
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Should not be Allowed
Side Score: 3
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Free markets based on voluntary exchange always accommodate lower prices and better service for cell phone users. The most laughable argument of the federal government is less competition and higher prices. Even those the most basic understanding of economics know that the United States government is the biggest culprit of higher prices and less competition in product variety and innovation with poor services. Robert Murphy explains the merger being blocked as irrational citing three reasons, moral, theoretical, and practical considerations. Side: Should be allowed
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Absolutely not. They shouldn't have been allowed to merger with Cingular. This shits out of control. ATT is a garbage company whose sole means of survival is tricky business tactics and ripping off customers at every chance. Why anyone uses their service is beyond me. Monopoly laws are in place for a very good reason and the FCC needs to start enforcing them. Side: Should not be Allowed
Well, this would likely hurt competition, innovation, pricing, phone offerings, rate plan choices, and my sanity! I left the evil empire...AT&T;for T-Mobile on December 13, 2003 and have not looked back. But, just like the banks, this is inevitable. I used to bank with Marine bank and Bank one bought them out...then I went to NBD which got bought by First Chicago who eventually got bought by bank one! Uhg! Then Chase bought Bank one! Oh well, mergers are inevitable...I guess this won't kill me. Side: Should not be Allowed
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