The People's Media: Who's standing between us and a corporate takeover of the Internet?
from YES! Magazine:
The Peoples Media
Public interest groups have waged a spirited campaign to prevent a corporate takeover of the Internet.
by Joseph Torres
posted Feb 08, 2012
AT&T spared no expense in 2011 when it sought government approval of its $39 billion deal to acquire T-Mobile. The merger would have created a duopoly, leaving AT&T and Verizon in control of nearly 80 percent of the wireless market.
AT&T would then have been able to set higher prices, at a cost to people on modest incomes who depend on their cell phones to connect with work, family, and the details of modern life.
The poor and people of color would have been hard-hit. The National Hispanic Media Coalition, for example, said the merger would increase the cost of wireless services for Latinos. And the Center for Media Justice noted that the merger would have resulted in fewer options and higher prices for people of color, who disproportionately depend on access to the Internet through mobile devices.
Knowing there would be opposition to this deal, AT&T began doling out money in Washington, D.C. The company spent $16 million on lobbying during the first nine months of 2011 in its drive to pass the merger, dished out $2 million in campaign contributions to both Democratic and Republican members of Congress, and spent $40 million on advertisements promoting the deal. ..........(more)
The complete piece is at:
http://www.yesmagazine.org/issues/9-strategies-to-end-corporate-rule/the-peoples-media