Federal regulators should slow the alarming pace of media consolidation. Fewer companies in the marketplace mean fewer choices and potentially higher costs for American subscribers of cable television, high-speed Internet and telephone service.
AT&T wants to buy the nation's largest satellite video provider for
Some people might enjoy the convenience of watching more video on smartphones or purchasing bundled packages. But consumers also value innovation, quality service and reliable connectivity. Instead of making investments in expanding and improving broadband access to more customers, consumer advocates warn the AT&T-DirecTV deal symbolizes the telecom industry's rush to partner up and obliterate competition.
Last February, the nation's two largest cable companies and Internet service providers,
Company leaders argue changing technology and a desire for increased efficiencies drive consolidation. Regulators must force these corporations to spell out exactly how their plans would preserve competition, as well as how cost savings would be passed on to consumers.
In the bigger picture, the five-member
Federal regulators must take the time to inspect each transaction by the telecom giants. Protect the public interest above all else.
Editorial board members are editorial page editor
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