Tech at Night: More AT&T/T-Mobile, CA referendum nullification FAILS, Rand Paul puts symbol over substance
I’m in danger of repeating myself as the AT&T/T-Mobile saga goes on, so let me open up tonight’s post with to my latest analysis of the situation. Summary: the behavior of Sprint Nextel’s and Clearwire’s share prices, combined with Sprint Nextel’s decision to sue AT&T, should lead any observer to believe that the AT&T/T-Mobile deal benefits the 4G Internet-using public at the expense of Sprint Nextel and current market leader Verizon.
Same as it ever was, as the Talking Heads said. When Sprint gobbled up Nextel, the public gained. So, too, will the public gain if the government keeps its hands off this time.
Is Sprint in trouble? Some say yes, but the point of antitrust laws isn’t reduce competition to prop up ineffective businesses.
Help the economy, President Barack Obama. Drop the suit. Encourage your subordinates to get out of the way of job creation, innovation, and technical progress. Event the San Francisco Chronicle has run a piece explaining that.
Hearings begin September 21. Ah, government. Slow, slow, slow. Imagine life or death medical decisions in the hands of this government! Maybe they’re still trolling for some evidence that just isn’t there.
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Sprint Nextel proves the AT&T/T-Mobile merger is good for competition
As I’ve previously covered, the Department of Justice is suing AT&T, claiming its planned merger with T-Mobile USA harms competition in America. My retort has been market reactions to the lawsuit suggest it is the lawsuit that is anti-competitive, benefiting the existing national 4G duopoly: Sprint Nextel and Verizon Wireless.
That Sprint Nextel is jumping in with its own lawsuit now ends all doubt: the AT&T/T-Mobile deal would increase competition, benefiting buyers of high speed wireless service, to the detriment of the current duopoly which would be faced with tougher competition.
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Tech at Night: Obama and Holder vs AT&T, CA tax corruption, Anonymous arrests are legion
This is one of those weeks when all the important stuff happens at once, and there’s much to cover. I’ll start with the big national story. As I previously covered, The Eric Holder/Barack Obama Justice Department is coming after AT&T, using its own odd brand of economics to claim that the merger with T-Mobile would make the wireless market less competitive. When in fact, as history has shown with deals like Sprint/Nextel, prices are only going to come down as the market gets more competitive.
But, nonsensical as it is, the Obama administration is pressing on with the same tired thinking that gave us zero net job creation last month, and downward revisions in prior months. So let’s sweep around and look at what’s going on, what others are saying both about the news and about the prognosis, beyond the Culture of Corruption aspect I already covered.
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Tech at Night: Obama and Holder drop a bomb on jobs and competition, California tax battle continues
So much going on suddenly this week. Barack Obama and Eric Holder’s DoJ has decided to come after AT&T for its plans to merge with T-Mobile, possibly doing the bidding of donors while hindering jobs growth in America as well as nationwide 4G wireless Internet competition. Sprint’s not doing much to keep Verizon in check; we need AT&T to have the spectrum needed to do that.
So Holder wants to drive Gibson manufacturing out of the US, and to keep T-Mobile in German hands, and prevent AT&T from bringing jobs back to America. Do I have that right? It’s no wonder people rate the Internet and Telephone industries much higher than they rate the government.
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DoJ targets AT&T: The story behind the story [Updated]
Updated below…
Today it was announced that the Department of Justice will attempt to block AT&T’s acquisition of T-Mobile. The deal is needed for technical and regulatory reasons to allow AT&T to compete in the 4G wireless market with Verizon, Sprint/Clearwire, and with the upcoming competitor LightSquared. So why is the Department of Justice calling it bad for competition?
Enter R. Gerard Salemme. It’s not a well-known name, but it’s been an important one in the Obama administration. It’s also a name that often comes up in the ventures of one Craig McCaw. Craig McCaw is an equal opportunity donor who gives to anyone who looks likely to win, including Gore 2000, Bush 2004, and both sides in 2008.
That $2,300 donation to Obama sure is paying off.
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Tech at Night: FCC continues to regulate, Chance to defeat the AIA?, Amazon Tax corruption in California
Hey look, it’s Tech at Night before midnight Pacific time. Guess who’s got two thumbs and is finishing the week early? This guy.
The FCC is creating yet more new regulations. The Obama Administration just can’t get enough of these things. I didn’t know if anyone would have noticed it happen, but The Hill caught it as well.
Meanwhile the FCC slowly moves to increase national 4G competition in America by moving inch by inch toward approving the AT&T/T-Mobile deal, over the continued whining of Al Franken. Franken says he is “very suspicious of consolidation of power.” Yet, he won’t lift a finger against large unions, and he voted for Obamacare. Hmm.
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Tech at Night: One great idea and two bad ideas in the House
Happy Friday. We’ll start off this edition with Marsha Blackburn’s own post at RedState. There’s a reason I would like to see her rise higher on Energy and Commerce: she knows her stuff and is a fierce proponent of conservative values. I agree with her: government is not the solution to the privacy problem.
I don’t agree with Joe Barton, whose plans for heavy-handed regulation make me glad he didn’t get the chairmanship. “There oughta be a law” is no way for a Member of Congress to think.
As frustrating to me as Barton is Lamar Smith’s plans to push yet another bad Patrick Leahy bill, PROTECT IP, through Judiciary. I’ve covered that bill in this space extensively. We don’t need, and can’t benefit from, a national censorship blacklist online. The guilty won’t be affected much and only the innocent will work. It’s like gun control, up to and including the unconstitutionality.
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Tech at Night: Progressive says we’re overregulated, Google draws more Neutrality regs, Dems compound failure
No really, Governor Haslam, you do not want to bring California taxation to Tennessee. Have you seen our unemployment? That’s why we just might defeat it at referendum.
PETA people are hijacking phones, sending malicious messages without consent, and running up text message bills. People need to be careful about what they install, but this sort of thing needs to send people to jail, as well. We don’t need more laws and regulations, we need more enforcement against the bad guys.
How badly do we not need more laws and regulations? Even the Progressive Policy Institute’s Michael Mandel thinks so, calling on the President to lead in the direction of less regulation and pro-growth change.
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Tech at Night: Big online terrorism roundup, Ridiculous FCC stalling, Patent trolling
Hello everyone! I hope people have plants to get out to Charleston this weekend for the third annual Gathering. I will be there, which is why there will be no Tech at Night on Friday.
Having also missed Monday due to Gathering preparations, I have much to cover tonight. I’ll start with a wrap up of everyone’s favorite online terrorist group, Anonymous. I don’t use that term lightly, terrorist. But any group that conspires to put law enforcement lives on the line to push an “activist” agenda is a terrorist group.
Again we find Anonymous’s own insecurity as Syria slammed AnonPlus. That of course does not bode well for Anonymous’s protecting itself from further legal action. Which is not good for when they announce plans to hit Facebook. FrogMarch!
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Tech at Night: A deregulated Internet creates jobs, Microsoft answers Google attacks, Lee and Cornyn speak up
The free market of Internet access, driven by constantly improving technology and heightening competition, is a driver of job creation and economic growth. Even Julius Genachowski, Obama’s FCC Chairman, has to admit that. This is just one reason we fight FCC power grabs.
So when the government starts talking about new regulations in emerging fields such as “cloud computing”, just say no.
And when Steve Chabot makes silly comments about wireless competition without daring to take an actual stand on the issue of the day, just sigh and ignore him. It’s a simple question, Steve. Government action, or free market. Pick a side or hush.
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