I Essay Example | Topics and Well Written Essays - 500 words

I - Essay ExampleThis may result to inefficient tryst of resources and consumers to change their behaviors towards the market and so there is a need for the government to intervene. What more could happen if two large companies will merge? And these companies happen to run services that are of importance to our fast moving lives- the telecommunications services?On November 24, 2011, an article entitled AT&T Merger with T-Mobile Faces Setbacks was published on nytimes.com by Edward Wyatt and Jenna Wortham. They talked about the problems that the two mobile companies, AT &T and T-Mobile, are facing with their planned merging. AT&T is one of the largest telecommunications services provider in the linked States and horizontal worldwide. Its services include wireless communications, local exchange services, long-distance services, data/broadband and Internet services, video services, managed networking, wholesale services and directory advertising and publishing. In March of 2011, it announced its plan to merge with T-Mobile which is owned by Deutsche Telekom. The former agreed to buy T-Mobile from Deutsche Telekom for $39 billion. But of course, the merger was subject to F.C.C. approval because the connective of the two companies would fix required transfer of licenses to use public airwaves for cellular phone signals and wireless Internet access (Wyatt & Wortham, 2011).Being a monopoly or even just a big player in an industry yields many advantages and if not properly monitored will affect the consuming individuals negatively. In the case of these telecommunications merger, distinguishable sectors from the society are paying close attentions. The Justice Department for example has said that the merger would severely restrict competition, Federal Communications Commission officials have added that AT&Ts confidential filings indicate the merger would eliminate jobs and consumer groups who closely monitored the actions of the authorities said that their combin ed actions indicated