Comment by rectang

8 years ago

I'm saying AT&T bribed Cohen, which is what we have evidence for so far. Perhaps there will be additional communiques exposed later which reveal specific requests.

They did not get the outcome they wanted with the acquisition, but there was also the matter of the administration wanting to punish CNN. Maybe AT&T should have paid more.

But AT&T has still done remarkably well vis a vis the FCC's selective deregulation of net neutrality, which makes it much easier for existing ISPs to leverage their quasi-monopolies and compete unfairly within other verticals.

The American system of legalized bribery needn't produce a bill of sale for regulatory capture.