F.C.C. seeks review of AT&T merger with T-Mobile

F.C.C. seeks review of AT&T merger with T-Mobile
- November 28, 2011
- A study by David Neumark, economics professor and director of the Center for Economics & Public Policy, is featured in The New York Times, Gainesville Sun and Ocala November 22, 2011
From the NYT:
The chairman of the Federal Communications Commission took steps Tuesday to block
the proposed $39 billion merger of the mobile phone companies AT&T and T-Mobile USA....
Consumer groups and competitors argue that far more jobs would be eliminated by the
merger. And, they add, the $8 billion in new AT&T capital expenditures is less than
what AT&T and T-Mobile will spend separately.... David Neumark, an economics professor
at the University of California, Irvine and director of its Center for Economics and
Public Policy, who was commissioned by Sprint to review the union's research, said
that while the merger was likely to offer more and higher-paying jobs for C.W.A. members,
over all "it will almost surely act to directly reduce jobs for American workers."
For the full story, please visit http://www.nytimes.com/2011/11/23/business/media/fcc-seeks-review-of-att....
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