Thread regarding AT&T layoffs

AT&T leadership is confident before DOJ oral hearings

I’m not surprised. What were they supposed to say, that they are afraid and stressed out before the hearings? On the other hand, the fact is that the DOJ failed to produce anything new that would have a significant impact on the decision. Was hoping to get some other opinions on this board regarding the outcome of the hearings.

http://www.cablefax.com/regulation/att-shows-no-signs-of-stress-ahead-of-doj-oral-arguments

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| 1051 views | | 3 replies (last November 18, 2018) | Reply
Post ID: @OP+WaTXFKZ

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Yes, it might be legal but that does not make it right.

How about something to stop corporations from stashing money off shore?

If the corporations and very rich weren't avoiding taxes we could fix the roads, bridges and schools in this country.

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Post ID: @2xbx+WaTXFKZ

S

Antitrust law seeks to limit the downsides of monopolies, but it focuses on the effects on consumers, not workers. Regulators look at whether a merger lessens competition, which could increase costs, reduce quality, and decrease consumers’ ability to choose. But they would not block a merger because it eliminates jobs, said Daniel Crane, a professor at University of Michigan Law School. “The focus is on consumers and on economic efficiency as opposed to preserving jobs,” he said. “There are conversations about whether we have it right or not, but that certainly is where the law and practice is today.”

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Post ID: @wsn+WaTXFKZ

ATT created its own demise with higher prices information the DOJ Antitrust unit will have to consider to make their case

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Post ID: @amz+WaTXFKZ

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