FCC To Loosen Wireless Ownership Rules
jgaynor writes: "The FCC on Thursday voted to remove the existing restriction on how many frequencies a single wireless provider can own in any one location. While this is a blow for consumers who want more cell bandwidth and services like data or video - they could end up getting hosed as this might knock some smaller players out of the market and decrease competition, raise prices, etc. Excite has coverage; CBS Marketwatch does too."
1) George Bush won the election.
2) Michael Powell was appointed Chairman of the FCC.
Now, given that Mr. Powell is (a) very, very connected to the heaviest hitters in the Republican Party and in big business (b) has stated explicitly that he sees nothing wrong with 1 or 2 mega-corporations controlling all communications in the United States --- why would you expect any different outcome?
sPh