Portugal Telecom Monopoly cheek

The de Azevedo family isn’t Portugal’s top business dynasty for nothing. It has learnt well the nostrum that the best form of business is monopoly. Hence, its plan to acquire Portugal Telecom and keep not only PT’s mobile network but its own too. The de Azevedos would end up controlling two of the country’s three mobile businesses, with a 65% market share. That’s not only outrageous from a competition perspective. It’s hypocritical. After all, the de Azevedos have long campaigned against the fa...