Fergie's Tech Blog

Judge Refuses to OK Telco Mergers

Ed Oswald writes on BetaNews:

U.S. District Judge Emmet Sullivan told lawyers representing the interests of both SBC and AT&T and of Verizon and MCI that he could not give final approval to either merger unless he received more information. While both have been given the go-ahead by the FCC, the courts have not yet decided if the mergers are in the public interest.

Sullivan first ordered a review of the mergers earlier this month, after he questioned if the mergers benefitted the general public. "Through the eyes of a layperson, the mergers, in and of themselves, appear to be against public interest given the apparent loss in competition," he wrote at the time.

posted by Fergie @ 7/25/2006 12:18:00 PM