The world will be at the beck and call of the favored few- the Mega-Corporations that will rule the world.
The airline industry has consolidated
- Delta/NW
- US Air / America West
- United/Continental
- SW / Air Trans
The cell phone industry has seen Cingular, Nextel, At&T Wireless, Alltel, and a few others disappear, and looks like T-Mobile may be extinct like T. Rex.
The deal would allow AT&T, now the second-largest U.S. wireless operator, to add about 34 million customers and surpass Verizon Wireless. The acquisition may face government scrutiny because it combines the second- and fourth-largest wireless providers, reducing consumer choice. Though regulatory approval may take a year, cost savings and revenue gains could total $3 billion a year, Dallas-based AT&T said."
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