Verizon-TracFone Deal is Early Test of New FCC Wireless Stance [telecom]

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• State AGs, consumer groups fear harm to Lifeline, competition
• FCC has rejected Verizon request for expedited approval

Verizon Communications Inc.'s $6 billion bid for TracFone Wireless Inc. gives the Democratic-controlled Federal Communications Commission its first chance to weigh in on wireless industry consolidation.

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