Funny how two giant companies are saying that merging together would increase
competition. Aren't they merging together because one of them would like to
dominate the competition? LOL!
I would have liked to see a video of the testimony. Was Time Warner's CEO
able to say this merger will increase competitiveness with a straight face?No company that wants to improve competitiveness in the market, unless,
of course, they are the underdog. Once the underdog becomes top dog, their
focus is on diminishing competitiveness so they can keep their position in the
market.This merger puts too much power in one company. If the
regulatory agencies let this go through then the anti-trust laws mean nothing.
People who are too young to remember the massive abuses of ATT when they
monopolized the phones should be warned. ATT is absolutely the sort of company
you don't want anything to do with. Their abuses are the reason the
telephone monopoly was eventually broken up by the government. Just like Jews
and the Holocaust - NEVER AGAIN.