Tag Archives: MarketWatch

DOJ fights AT&T merger – but our fight’s not over …Rashad Robinson, ColorOfChange.org


An exciting new ally joined the fight to stop AT&T’s dangerous merger with T-Mobile: the United Stated Department of Justice. Arguing that the merger would crush competition and lead to higher prices, the DOJ filed a lawsuit in Federal court to block the merger, dealing it a major blow.1

This is an important victory in our fight to protect the ability of poor folks and communities of color to use the Internet to make a better life for themselves. If AT&T were allowed to purchase T-Mobile, it would have a terrible impact on jobs, affordability, and Internet freedom.

Instead, the case will take months to wind its way through the court system. And the Federal Communications Commission, which also has authority over the proposed deal, has publicly indicated its own deep misgivings.2 None of this could have happened without the massive public outcry from ColorOfChange members, and our friends and allies. Thank you.

This fight isn’t over yet. We can’t predict how the lawsuit will turn out, and it’s important that we remain vigilant. AT&T is expected to fight the DOJ’s decision tooth and nail, and it remains possible that the DOJ and AT&T could hammer out a deal that leads the DOJ to drop its opposition. And 76 Democratic members of Congress are still on record supporting the deal. It’s critical that we continue to expose their false arguments in support of the merger and keep pushing them to withdraw their support.

AT&T has spent millions on lobbying and PR to advance its agenda, and it will continue to use its vast resources to twist the facts and mislead the public. Our work is powered by you, our members, and we need your support to keep fighting back. Your voice has been a powerful force in this fight. If you can also support our work financially, in any amount, please click the link below:

http://www.colorofchange.org/donate

We’ll

be sure keep you up to date with any new opportunities to take action. At ColorOfChange, we will continue to stand up for everyone’s right to access a free and open Internet, and we hope you will continue to be there with us.

Thanks and Peace,

— Rashad, James, Gabriel, William, Dani, Matt, Natasha and the rest of the ColorOfChange.org team
September 2nd, 2011

Help support our work. ColorOfChange.org is powered by YOU—your energy and dollars. We take no money from lobbyists or large corporations that don’t share our values, and our tiny staff ensures your contributions go a long way. You can contribute here:

http://www.colorofchange.org/donate

References:

1. “U.S. sues to block AT&T buying T-Mobile,” MarketWatch, 8-31-2011
http://act.colorofchange.org/go/952?akid=2150.1174326.zFs-xm&t=4

2

. “FCC Still Reviewing AT&T’s T-Mobile Deal After Justice’s Antitrust Action,” Bloomberg, 8-31-2011
http://act.colorofchange.org/go/953?akid=2150.1174326.zFs-xm&t=6


You can unsubscribe from this mailing list at any time.

9 Great American Companies That Aren’t Recovering


Companies That Still Aren’t Recovering

24/7 Wall St. examined companies whose plans to revive their fortunes have not succeeded and found several common themes.

Managements often fail to appreciate the size of the challenges they face. Competition is fiercer than expected and markets change. Further complicating matters are investors who often want results more quickly than companies can deliver. Of course, the line between success and failure is a thin one.

When things go well, as they did in the cases of Apple Computer Inc. (NASDAQ: AAPL) and Ford Motor Co. (NYSE:F), they can go spectacularly well. These happy endings, however, are rare.

Turning around failing companies is one of the hardest things for any executive to do.

 nine corporate turnarounds that have yet to turn around.

(AP Photo/Rogelio V. Solis)

Related: Full Story  http://247wallst.com/2011/01/19/former-great-american-companies-that-refuse-to-turn-around-bgp-bsx-rsh-rad-shld-s-wen-winn-yrcw/