North County Times
http://www.nctimes.com/business/business-us-moves-to-block-merger-of-at-t-t/article_1f2d9586-26dd-5914-9fbe-21e212c980b7.html
BUSINESS: US moves to block merger of AT&T, T-Mobile
The Justice Department filed a civil antitrust lawsuit in Federal Court in Washington to block AT&T's plan to buy T-Mobile. The Justice Department claims this purchase would displace Verizon Wireless as the largest wireless carrier in the U.S. leading to higher prices, poorer service, few choices, and fewer technologies. AT&T plans to request an expedited hearing, and states that the deal could help improve wireless service for millions and bring 5000 call-center jobs back to the U.S. from overseas. Currently, four companies (AT&T, Verizon, Sprint, and T-Mobile) control more than 90% of the U.S. wireless market, and the deal could lead to fewer choices and higher prices for Americans due to lower competition. Labor union leaders support the deal since it may bring more jobs back to America during hard economic times. Several government agencies are still investigating the pros and cons of the proposed deal.
This connects to what I am learning about the 3 branches in my History class. Mostly in Judicial with the Federal Court filing the lawsuit, and The Justice Department claiming that the combination of the two companies would displace Verizon. In Executive there are many different departments to look into to carry out the laws. In this article it mentions two of them, the FCC and the Federal Communications Commission It also talk about the Legislative branch and how it had passed a law about the monopoly of a large company taking advantage.
This connects to my life because I use my cell phone daily. I love my phone and I am not interested in paying for a overly priced phone or plan. However for my future if there is a larger opportunity for me to get a job, that could really impact my future.
My opinion of this case is that it needs to be looked into deeper before any decisions can be made. No one wants monopolies but it may bring more jobs into the future. I think the pros and cons need to be weighed closely.
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