It now appears that Verizon (Bell Atlantic) and Frontier Communictions (Northwestern Bell) have illegally merged in violation of the Sherman Anti-Trust Act of 1890. Additionally, this illegal merger has also violated the 1982 Anti-Trust Agreement between ATT and the Baby Bells and the Justice Department, decades ago. ATT (American Telephone and Telegraph) was forced to divest all of the Baby Bells, and keep them independent, in exchange for being allowed to enter the computer and internet service industry. What impact this situation will have on the lowering of Verizon and Frontier stock remains to be seen.
(C)Copyright 2011 by Anthony J. Fejfar and Neothomism, P.C. (PA)
(C)Copyright 2011 by Anthony J. Fejfar and Neothomism, P.C. (PA)
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