Tuesday, July 11, 2006

Tennessee Rubber Stamps Monopolistic Deal With No Demands

AT&T is one step closer to buying BellSouth. The lone attempt to put conditions on the $67 billion merger of companies at ground zero of the Bush Administration's phone-records-trolling controversy failed to get a second in the state's Regulatory Authority deliberations. And these are supposed to be the people who "promote public interest by balancing the interests of utility consumers and providers." So how can they provide balance if they do not place any responsibilities whatsoever on multi-billion dollar giants attempting to reunite the Ma Bell break-up, thus opening the door to even more money and political influence in the future?

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