Books of The Times: A Look at Competition in Business Urges Us to Think Small [The New York Times]
AT&T Inc. (T)
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Source: The New York Times
These are fraught times, and while you may be scared, Tim Wu suggests that you may not be scared enough. Like Michael Lewis’s “The Fifth Risk,” a recent book that shows how something most people don’t spend a lot of time thinking about — government bureaucracy — is consequential (and potentially terrifying), Wu’s “The Curse of Bigness: Antitrust in the New Gilded Age” is a surprisingly rousing treatment of another presumably boring subject: mergers and acquisitions. Wu, a professor at Columbia Law School and a contributing opinion writer for The New York Times, argues that the M&A arcana that lawyers and economists haggle over have effects that spill far beyond their rarefied areas of expertise. “Extreme economic concentration yields gross inequality and material suffering, feeding an appetite for nationalistic and extremist leadership,” he writes, by way of introduction and warning. “The road to fascism and dictatorship is paved with failures of economic policy to serve the
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- AT&T Inc. (NYSE: T) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
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Earnings
- 1/24/24 - Miss
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Sec Filings
- 3/15/24 - Form 25-NSE
- 3/13/24 - Form 4
- 3/13/24 - Form 4
- T's page on the SEC website