Daily Topics - Wednesday August 31st, 2011

The Big Picture "On Air" Questions or Comments for Thom?

Please welcome Bill Press, host of The Bill Press Show, in for Thom today!

Hour One: "The chapter that went missing from Dick Cheney's book" - John Nichols, The Nation Magazine

Hour Two: Exposive new report-CEO's rewarded for tax dodging - Scott Klinger, Institute for Policy Studies

Hour Three: What you need to know about Rick Perry - Eric Burns, Bullfight Strategies

Comments

spipenge's picture
spipenge 14 years 48 weeks ago
#1

This just in: DOJ to Block AT&T and T-Mobile Merger.

By JOELLE TESSLER and PETE YOST, Associated Press

WASHINGTON -- The Justice Department filed suit Wednesday to block AT&T's $39 billion deal to buy T-Mobile USA on grounds that it would raise prices for consumers.

The government contends that the acquisition of the No. 4 wireless carrier in the country by No. 2 AT&T would reduce competition and thus lead to price increases.

At a news conference, Deputy Attorney General James Cole said the combination would result in "tens of millions of consumers all across the United States facing higher prices, fewer choices and lower quality products for mobile wireless services."

The lawsuit seeks to ensure that everyone can continue to receive the benefits of competition, said Cole.

http://www.huffingtonpost.com/2011/08/31/att-tmobile-merger-antitrust-complaint_n_943324.html

Thom's Blog Is On the Move

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