Tech policy consultant and author Larry Downes yesterday published a succinct and clear commentary on the AT&T/T-Mobile merger. It was a very reasoned analysis. Thanks Mr. Downes.
One particular point that I am grateful Mr. Downes made early on is the legal rationale for a decision by the FCC. The public interest entails more than just the interest of consumers and the interest in low prices. The public interest should entail the positive impact on infrastructure, maximization of shareholder wealth, and the increase in consumer welfare. Focusing only on the size of the merging parties causes opponents of the merger to miss these points.