Posted on 09/10/2021 7:45:35 AM PDT by Wuli
The biggest threat to competition and consumers in our time is the collusion of big business and big government. As a case in point, see how AT&T is urging the Federal Communications Commission to hobble rival T-Mobile.
AT&T last week asked the FCC to limit how much mid-band spectrum providers can acquire in future government auctions. AT&T wants a provider to be required to get government clearance to acquire more than a third of this prime broadband real estate in a given geographic area.
As a primer, millimeter spectrum is useful in covering dense population areas, but it can’t travel long distances and penetrate buildings very well. Low-band spectrum can better cover rural areas but is slower and has lower carriage capacity. Mid-band offers a balance of speed, capacity, coverage and penetration to blanket metro areas with 5G.
T-Mobile acquired loads of mid-band when it purchased Sprint last year. Contrary to progressive antitrust claims, the merger has accelerated 5G and pushed AT&T and Verizon to invest more in their networks. Both are trying to catch up to T-Mobile by unwinding unsuccessful media acquisitions and buying more mid-band at government auctions. ...............snip.............
(Excerpt) Read more at wsj.com ...
Thought it might be about Big Pharma. Guess not.
The very definition of fascism. The only difference with the communists is that they claim to do it for the good of the working class.
Big business has devastated Main Street America.
The local restaurants, hardware stores, lumber yards, small pharmacies, grocery markets that used to sponsor little league teams, yearbook adds are near gone.
The more regulations, the harder for the little guy.
And there are No protections for the small entrepreneur ... family businesss
“Thought it might be about Big Pharma. Guess not.”
On a different issue it could be about Big Pharma.
Unfortunately, the WSJ Oped page editorial board usually has blinders on when it comes to the abuses of Big Pharma, ignoring how Big Pharma readily accepts government dictated lower drug prices outside the U.S., and still wants the U.S. drug consumer to subsidize that for them.
Yes, the giant company is like the giant government, in that the locus of power moves further and further away from the local, and the individual, and local groups of individuals become less and less shared participants.
Big business loves big government. Regulations, mandates, rules, laws, all the extra BS kills small businesses, only big business can survive it all.
Dims are party of the little man… BS.
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