Verizon Wireless' plan to buy regional cell phone company Alltel will make it the largest cell phone operator in the country with more than 80 million subscribers. But for consumers, is a behemoth Verizon a boon or a beast?
That's the question that regulators will ultimately decide. The biggest fear for consumer advocates when companies merge is that consolidation means fewer choices for consumers, and fewer choices often leads to higher prices.
So far consumer advocates seem split on the issue.
"If the deal goes through, two companies, Verizon and AT&T, will control about 150 million … Read more