Gotta love the headline of this article in TG Daily: "FCC takes stand on T-Mobile, AT&T merger."
If you actually read the article, the Wall Street Journal apparently quotes an unnamed FCC official as saying, "There's no way the [FCC] chairman's office rubber-stamps this transaction. It will be a steep climb to say the least."
Dude. When did a regulatory agency refusing to rubber-stamp something become "taking a stand"? If this doesn't perfectly encapsulate the obsequious reverence that we've come to expect from most top federal regulators towards big business, I don't know what does.
If you actually read the article, the Wall Street Journal apparently quotes an unnamed FCC official as saying, "There's no way the [FCC] chairman's office rubber-stamps this transaction. It will be a steep climb to say the least."
Dude. When did a regulatory agency refusing to rubber-stamp something become "taking a stand"? If this doesn't perfectly encapsulate the obsequious reverence that we've come to expect from most top federal regulators towards big business, I don't know what does.