12/27/11
Marketplace Tech Report for Tuesday, December 27, 2011
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Episode Description:
A recent deal between Verizon and several cable companies now has the Department of Justice investigating to see if the arrangement is anti-competitive. Verizon paid billions of dollars to a coalition of cable companies for a portion of the broadcast spectrum currently controlled by the cable operators. If the deal gets approved, the cable operators will be selling off their own ability to ever launch wireless services.
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Verizon's deal with cable companies raises big questions
The Department of Justice is now investigating.
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