And therein lies the obvious conclusion of allowing conglomerations. If one company has their foot in every possible industry, they can yield control far beyond what would normally be considered unreasonable.

I mean we are actually discussing “T-Mobile isn’t a mobile carrier, they’re an insurance company”.

Rather "T-Mobile I'd a mobile carrier AND an insurance company".

Knowing T-Mobile and the full-of-shiteness that I possesses them, they can argue this about every market. I am.sure they own a canteen somewhere so there goes the food industry, and they probably sponsor some major team so there goes sports equipment and so on and so forth. Greed doesn't stop.