Linked by Thom Holwerda on Sun 20th Mar 2011 20:20 UTC
PDAs, Cellphones, Wireless A major deal just went down in the United States, which seriously shakes up the mobile industry on the other side of the pond: AT&T has announced it plans to buy T-Mobile USA from Deutsche Telekom.
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RE[4]: Invisible hand
by spiderman on Mon 21st Mar 2011 19:19 UTC in reply to "RE[3]: Invisible hand"
spiderman
Member since:
2008-10-23

I don't think there is any conflict of interest in principle. They recognize that competition is stimulating. The advantage of having the government own the carriers is that the profits don't go through the hand of local and foreign parasites (share holders). The profits can be used to serve the population instead.
Actually, I see a conflict of interest in corporations run by private share holders. Their interest is in direct conflict with the company (both the consumers and the workers). Their only interest is to make money, with the company or elsewhere.

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