MCI WorldCom could bear the brunt of residual doubts by regulators about allowing so much telecom concentration to occur through previous merger approvals. In most industries, having two companies dominate more than 80 percent of a market would create a nearly insuperable regulatory problem. But MCI WorldCom and Sprint said long-distance isn't most industries. MCI WorldCom and Sprint said Bell Atlantic is on the brink of winning long-haul approval in New York, and other states are sure to follow quickly. More profoundly, the merger partners said long-distance is no longer a separate industry.
Analysts are skeptical.
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