"There were giants in the earth in those days." Genesis 6:4. The time of the giants has returned. Media giants breed from loosened regulatory laws roam freely and continue to grow. The $67 billion merge between AT&T and BellSouth will make a precarious impact for consumers. This unholy alliance could negatively effect jobs, stifle small business markets, potentially lead to price gauging and is a step toward reuniting the fractured Bell telephone company monopoly prior to 1984.
The 1984 court ruling fractured the AT&T Corp into eight companies - leaving AT&T as a long distance provider while the seven "baby bells" functioned as regional Bell operating companies: Southwestern Bell, Pacific Telesis, Ameritech, Bellsouth, U.S. West, NYNEX and Bell Atlantic. Southwestern Bell, now SBC, managed to merge with Pacific Telesis, Ameritech, and AT&T - adopting its initial name in November 2005. Now the newly converged AT&T giant is aligned with BellSouth.
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