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Technology Stocks : WCOM -- Ignore unavailable to you. Want to Upgrade?

To: SDR-SI who wrote (2531)	6/5/1998 6:29:00 PM
From: dougjn	Read Replies (1) \| Respond to of 11568

Can somebody please explain to me what the ECC is doing in the first place, passing on the merger of two U.S. corporations? I cannot recall the last time the DoJ or FTC presumed to declare whether the merger of two European companies, or two Japanese ones, was legal. Indeed, if we were to review European telecom companies from an antitrust point of view, I think we would have to order the breakup of most of the continent's national telecom companies. Or at least we'd have to order them to lease their last mile connects at reasonable, rates, etc. Now that would raise a ruccus, don't you all suppose? Seriously, what the heck is going on? And I second the suspicion the the ECC may be less than enthusiastic with the prospect that a combined Wcom/Mcic might provide some competition on continental Europe, which is still dominated by state controlled national monopolies, in most places. Doug