The Economist: Not so fast, Ma Bell

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The Economist has taken a dim view of AT&T's proposed purchase of T-Mobile USA announced this past Sunday. In this editorial, they write:

"Beware of habitual monopolists bearing gifts -- especially if they operate in shamefully uncompetitive markets."

In a companion piece, they argue that the deal is,"an audacious merger" that faces "significant hurdles."

In the blizzard of news coverage about this deal, these two pieces from the Economist are worth a read. I recommend them to you.