VAX Debug 12-Feb-1990 1041 <JNELSON@tle.enet.dec.com> (02/13/90)
While driving home last night [8 Feb 1990], I heard the following on the news.
The Federal Communications Commission (FCC) has levied a $1.4 million
fine -- the maximum allowable -- against NYNEX and ordered the return
of $35 million to customers. The FCC ruling is in response to an
alleged scheme in which, between 1984 and 1988, NYNEX purchased
equipment from its subsidiaries at inflated prices in order to
increase the profits of the parent company. NYNEX has 30 days to
respond to the ruling.
-Jeff E. Nelson
-Digital Equipment Corporation
-Internet: jnelson@tle.enet.dec.com
-Affiliation given for identification purposes only.