Last-minute concessions offered by AT&T to win Federal Communications Commission approval for its $80 billion merger with BellSouth are insufficient to protect competition, say consumer groups and the companies' telecom rivals. The agency originally was scheduled to vote on the transaction on Oct. 13, but FCC Chairman Kevin Martin extended the agency's review to give his fellow commissioners more time to study late fixes AT&T proposed that day and rescheduled the vote for Nov. 3.
October 27, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Last-minute concessions offered by AT&T Inc. to win Federal Communications Commission approval for its $80 billion merger with BellSouth Corp. are insufficient to protect competition, say consumer groups and the companies’ telecom rivals.
Their criticisms of conditions the merging companies’ offer are among public comments on the deal that were submitted to the FCC.
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