Say goodbye to competition, hello to gouging
(NEWSER) - AT&T's bid to buy T-Mobile is brilliant, writes Brett Arends for MarketWatch —for AT&T. For everyone else, it's "disastrous," if not downright anticompetitive. "It will let AT&T shut down a competitor, jack up prices, and save on customer service," he writes in a bleak look at the proposed merger. A fourth player "helped keep the other three at least semi-honest. If you think they’re arrogant now, just wait till they’ve cut this cozy club down to three." More»
