Economist Douglas Holtz-Eakin has filed his $.02 in the FCC’s AT&T/T-Mobile docket.
According to Eakin, who was John McCain’s economic adviser on the campaign trail:
If this merger is approved by the FCC and the Federal Trade Commission, no monopoly will dominate the telecommunications market. T-Mobile was hardly the only competitor and AT&T still must compete with its main national rival, Verizon.
You can read the rest of his letter below.
Douglas Hotlz-Eakin files comment on AT&T/T-Mobile Meger –
In so many words: size doesn’t matter; it’s still a competitive environment because there’s one other competitor; and the government will make things worse.