After much yaddayaddayadda, the Federal Communications Commission is finally launching a dedicated inquiry on cellphone network carriers' competitive practices. Their objective, according to FCC Chairman Julius Genachowski, is to make the industry "more competitive." Well, no kidding, Julius:
I hope the new wireless competition report will help set a standard for fact-based, analytically deep analysis of the mobile industry. It is essential that the commission develop policies that encourage a new generation of innovators, working with new tools, on new platforms, and having an extraordinary impact on our economy and society.
I don't know if this will affect exclusive cellphone deals—like Apple and AT&T's—but I'm sure that the latter, plus Verizon, Sprint, and T-Mobile, would like to dedicate this song to Mr. Genachowski and his pals:
I, on the other side, hope the FCC nails them, so they stop all their abusive practices. [Reuters]