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FBN’s Stuart Varney sounds off on the government’s involvement in AT&T’s efforts to buy T-Mobile.
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That seems to be no end to the Obama team's failure to understand business yet again of this administration is interfering.
The outcome will not to be good for anyone here's my take on the AT&T scandal yes scandal.
Because that's what ignorant interference amounts to scandal.
AT&T is number two to T-Mobile is not before in the cell phone list of companies they want to -- combined.
-- who says the Justice Department that -- it would lead to higher prices fewer choices and low quality products really.
Anyway the deal is off now it is perfectly legal for the government to do this no problem that we do have anti trust laws of god against on the -- -- got Xbox.
In fact by blocking this deal the government -- actually boat people.
T-Mobile wants to get rid of its 33 million US subscribers and AT&T -- them what happens to those 33 million now.
AT&T wanted to expand its four G network and employ mall will focus will they do that now.
But the real scandal here is the government's obvious failure to understand the nature of modern high tech business cell phone so this is going to be provided -- all kinds of competitors high tech moves very very fast but the Obama team.
Stuck in the -- Past big is bad they think -- market dominant for all about will last for have a no license for another Microsoft would -- totally eclipsed in the marketplace by apple to the benefit of all.
It administration just doesn't get it it doesn't want to get it to them private his bat and government is good -- his the worst of it.
By forcing the end to the deal Obama forces AT&T to pay the -- onus T-Mobile four billion dollars.
