January 28, 2009
Telecommunications Mergers under the EC Competition Law and US Antitrust Law: Substantive Assessment and Procedural Cooperation
Posted by D. Daniel Sokol
Alexandr Svetlicinii, European University Institute - Department of Law discusses Telecommunications Mergers under the EC Competition Law and US Antitrust Law: Substantive Assessment and Procedural Cooperation.
ABSTRACT:While the telecommunications industry is subject to both general competition and industry-specific regulations and control, the correlation between the two might sometimes appear problematic. The area of merger control is a lucrative field for examination of these often overlapping regulatory regimes. This paper is an attempt to review and summarise the existing practice of the assessment of transnational mergers by antitrust authorities in the EU and US. Focused on the analysis of the several key telecom mergers jointly investigated by the European and American antitrust authorities, the paper compares regulatory approaches on both sides of the Atlantic and evaluates the impact of the specific features of the telecom industry on merger assessment. Cooperation between the enforcement authorities of the EU and US is discussed in order to evaluate the existing procedural cooperation arrangements as well as the convergence of the substantive laws of the EU and US.
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The latest talk on the town is from consumer action, who apparently state that cell phone company's doing contracts such as Verizon, AT&T, Sprint and T-Mobile are cheating their clients without any justification. Text messages are being charged at over 20 cents per message and that is a rise of 10 cents since 2005 which is far above inflation. They also charge their clients up to 45cents per minute if you go over your monthly call limit which in my opinion is outrageous. Then if you want to cancel the contract they charge between $150-$200 and sometimes only in the last six months of the contract term. These company's renew contracts without any written authority and then won't release you from the extra time period which you never applied for in the beginning. When you read the fine print you find out that they can increase your fees and there is nothing you can do about it. I suggest everyone cancel their contracts and go to pay-as-you-go type telecommunications. pre paid's are far cheaper than contract rates and you don't get tied down. Tracfone and Net 10 are two options for financial savings.
Posted by: John Car | Feb 5, 2009 4:17:16 AM