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Apparently we’re supposed to sympathize with the giant conglomerates AT&T and Time Warner. They’re so beleaguered by changes in their core businesses that their only path to survival, so they say, is a merger valued at $84.5 billion that will keep their fleeing customers corralled.

Consumer advocates aren’t buying this. Politicians across the spectrum aren’t buying this — who would expect to find Donald Trump, the Hillary Clinton campaign and Democrats in Congress, who all are expressing doubts, on the same side of anything?

And you shouldn’t buy it.

Continue reading:  The AT&T-Time Warner deal would be a disaster for the public interest

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5 thoughts on “The AT&T-Time Warner deal would be a disaster for the public interest

  1. There used to be a committee (actually I believe it was a subcommittee) that dealt with monopolies and cartels in Congress. (I read about it years ago). I think it was abandoned in the 1970s. We need to force Congress to start a committee that investigates all proposed mergers to try and prevent the obscene consolidation of power in business today. Of course, we’d have to make sure at least a few honest politicians were on it and that they’d have the power to make recommendations for enforcement that are taken seriously. Possibly something similar to the Consumer Financial Protection Bureau that would operate in all fields of commerce.

    Just an idea…

      • By getting people to pay attention to issues. If we could raise awareness through actual education and get a few wealthy people to back moral candidates, we could get a few leaders in our government who have compassion as well as intelligence. Then we could start by eliminating private campaign finance, bringing back the Fairness Doctrine, regulating media ownership, ensuring strong enforcement powers to the Consumer Financial Protection Bureau and things of that nature.

        We need to be creative and use similar methods of “button-pushing” in the masses, but for a good cause – to get people angry at the manipulators of society instead of the “different” people. I know, I know, it sounds like a pipe dream. But isn’t that what we actually spend our time with blogs like these? I can dream, can’t I? 🙂

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