Saturday, February 11, 2012

The People's Media: Preventing Corporate Takeover of the Internet

by: Joseph Torres, Yes! Magazine | News Analysis 
 
Public interest groups have waged a spirited campaign to prevent a corporate takeover of the Internet.

AT&T spared no expense in 2011 when it sought government approval of its $39 billion deal to acquire T-Mobile. The merger would have created a duopoly, leaving AT&T and Verizon in control of nearly 80 percent of the wireless market.

AT&T would then have been able to set higher prices, at a cost to people on modest incomes who depend on their cell phones to connect with work, family, and the details of modern life.

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