The New Media Monopoly
By Timothy Karr, AlterNet. Posted March 9, 2006.
"The race is on to control the future of American media. Unfortunately, those vying for the prize are a limited cadre of corporations hostile to the public interest.
On one hand, there are the remnants of the 1984 breakup of Ma Bell — four formerly Baby Bells that now dominate the multibillion-dollar marketplace for telecommunications. Over the past 10 years, these have rapidly morphed into massive corporations by swallowing up smaller competitors and positioning themselves atop the heap.
AT&T's announcement earlier this week that it plans to acquire BellSouth is a stunning development in the unrelenting shift toward fewer choices and bigger companies — essentially stitching back together the monopoly that ruled telecommunications three decades ago."
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