AT&T CEO: Blocking T-Mobile Deal Will Lead to Higher Prices
How to read an AT&T executive statement:
It's a simple process, really. Do the following:
1) Read through the document and isolate all mentions of the word "consumer."
2) Replace all occurrences of the term "consumer" with "AT&T customer."
3) Reread statement.
These guys talk about the wireless marketplace like AT&T is the only firm that matters! Consolidation of control channels in the cellular system is such a minuscule improvement in overall efficiency that it isn't worth even considering from an antitrust perspective.
Is putting nearly 1/3 of the entire wireless marketplace under the control of a single firm really worth a 1%-3% gain in spectrum usage efficiency?
Only if you're the firm standing to gain huge marketplace advantages from doing so!
...
(continues)
1) Read through the document and isolate all mentions of the word "consumer."
2) Replace all occurrences of the term "consumer" with "AT&T customer."
3) Reread statement.
These guys talk about the wireless marketplace like AT&T is the only firm that matters! Consolidation of control channels in the cellular system is such a minuscule improvement in overall efficiency that it isn't worth even considering from an antitrust perspective.
Is putting nearly 1/3 of the entire wireless marketplace under the control of a single firm really worth a 1%-3% gain in spectrum usage efficiency?
Only if you're the firm standing to gain huge marketplace advantages from doing so!
...
(continues)
...
This forum is closed.
