Communications Mergers

[shout]

I personally think it's kind of scary. AT&T + (insert company here) (SBC?) and Verizon + MCI (methinks). Does this scare anyone else?

[Yegg]

I personally think it's kind of scary. AT&T + (insert company here) (SBC?) and Verizon + MCI (methinks). Does this scare anyone else?

It's been happening for a long time. I believe SBC first merged with Yahoo!. Later I heard that they bought AT&T. Recently they started working with Cingular as well. I woudln't doubt it if even more companies got involved and it someday became one large company with a very large amount of power.

[Stealth]

I don't understand what's scary about it...

[Yegg]

I don't understand what's scary about it...

Perhaps he's just being a bit sarcastic? Sarcastic because they will soon "take over the world".

[shout]

Monopolies. Communications monopolies could be bad for my wallet.

[Explicit]

Monopolies. Communications monopolies could be bad for my wallet.

Of course, the US tries to keep the market open to competition, or so it says.  There was a term for the breaking down of large companies into several smaller companies, but I forgot what it was.  It's supposed to give smaller companies a chance to compete, and as we all know, competition drives prices, so the more competition there is, the better.  At least, better for the consumer.

[Mephisto]

<3 capitalism

[jigsaw]

I say everyone just boycots communication.. who needs telephones/cellphones or anything of that like... So from here on out, every who reads this quit using telephones and cell phones.

[Stealth]

Monopolies. Communications monopolies could be bad for my wallet.

The last time there was a communications monopoly it was promptly broken up by the US Department of Justice. What makes you think that wouldn't happen the next time around?