Ma Bell Stifled Innovation, AT&T May Do the Same

An anonymous reader writes "AT&T recently announced it plans to acquire T-Mobile to create the largest wireless network in the US. If the deal is allowed to complete, it will create only three major players in the industry with Verizon being a close second and Sprint being a distant third. Sprint, along with consumer rights groups, have already cried foul. They argue that AT&T's proposed acquisition will stifle competition and innovation."

Comments

"corporate socialism"

[unity100]

Please dont invent terms out of your ass. Corporatism has no relevance with socialism and it cannot be merged with the the other term.

you americans tend to invent a lot of misplaced, incorrect termage in your own jargon and try to sell it to entire world. in this case, some half assed, INCORRECT and irrelevant 'term' invented by some americans, in the name of 'corporate socialism'.

really ?

socialism, is owning of means of production AND the profits, equally by the PEOPLE participating in the system.

how much does the employees of at&t own at&t ? or, does its majority share rest in the hands of a handful of people, AND, the rest in the hands of some hundred thousand wealthy people, a minority being distributed among the random shareholder ?

do at&t employees join in decision making process of at&t democratically, and does the corporation guarantee their livelihood, their healthcare, their kids' education, their rent, their entertainment expenses, and their own education ?

this is what socialism is.

you people are appending the word socialism to something else because word 'socialism' is a scare word in us political jargon. while rest of the world knows the term for its real meaning.

you dont even take the time to check what you are saying, and see whether you are coining a term right or wrong, even at the wake of blatant incorrectness.

there is NOTHING called "corporate socialism" its an american invented scare word, designed to scare people away from corporate greed. and it is INCORRECT

the term you looking for, was corporate fascism.

Re:Ma Bell Stifled Innovation?

[DigiShaman]

What, that's not enough? You are so spoiled. If it wasn't for them, you wouldn't have Internet access for there would be none. Even the home PC could have been set back another 10 years or more. The transistor changed everything.