Companies Need, Above All Else, More Certainty from the Government, Shapiro Says

摘要

One of the main things consumer electronics and other high-tech companies need from the governmentrnis certainty, CEA President Gary Shapiro said on an episode of C-SPAN’s The Communicators, setrnfor telecast Saturday. Shapiro cited as a prime example AT&T’s failed attempt in 2012 to buy T-Mobile.rn“Despite having the best legal advice in the world,” AT&T ended up having to pay T-Mobile $4 billion inrnbreakup fees and other compensation after the deal collapsed, he said. “There are ambiguous laws outrnthere,” he said. “We should not have ambiguous laws of any type. We should have legal certainty.” ThernFCC’s reliance on a public interest standard in weighing mergers “is not healthy,” he said.