Day: October 7, 2011

I was reading this article about the AT&T, T-Mobile mess.

It turns out the T-Mobile is shedding customers on worries ABOUT the merger!

I can’t blame the customers.

If you’re trying to escape the tyranny of AT&T you’re not likely to sign a contract with T-Mobile until you know the outcome of the merger hearings. That leaves you as a customer heading to Sprint or Verizon.

Of course this means that all AT&T has to do to eliminate their competitors is threaten to merge with them.

This does not set a good precedent, there has to be a better system. Rampant mergers and acquisitions have demonstrated time and time again that the customers interests are a very very distant concern.

It’s exactly this kind of think that has sparked the Protests on Wall Street and in cities across the nation.

I’m all for capitalism. However, I’m beginning to wonder if we’ve slipped too far for simple legislation. The corruption goes too deep and reaches from the lowest echelons to the highest offices in the land.  So much is about greed, power, and “I’m going to get mine regardless of who it screws.”

The question is… is there any way to prevent monopolies without destroying capitalism and entrepreneurial spirit?  What’s it going to take for the American People to say stop?

A more interesting question is after we say stop!  How far are we as a people willing to go to enforce our will?

If you’ve been wrestling with these questions, you’re not alone.