Obama Administration’s T-Mobile/AT&T block: bad move
It is amazing how consistent the Obama Administration has been in opposing free markets and increasing the size and scope of government. The latest move in this direction is its effort to stop the proposed merger of T-Mobile and AT&T.
Businesses are constantly searching for ways to provide their customers with more and better services (generally at a lower cost) in a competitive economy. And cell phone service providers are a competitive area of the economy as this list of the dozens of cell phone service providers nationwide illustrates.
I’m not even sure what the politics of this decision might be. The Communications Workers of America (supporters of Obama) supports the merger and argues it will create 5,000 jobs. We’ll have to see how this plays out, but there is no doubt that Obama is not changing his stripes (as did Clinton) to achieve electoral victory in 2012.