FCC To Investigate Mobile Phone Carriers’ Competition Practices

After much yaddayaddayadda about the matter, the Federal Communications Commission is launching a dedicated inquiry on mobile phone network carriers’ practices. Their objective, according to FCC Chairman Julius Genachowski, is to make the industry more competitive:

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 mobile phone 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 they nail them, and stop all their abusive practices. [Reuters]