In a letter sent to two top members of the US Senate Commerce, Science, and Transportation Committee, five US Senate Democrats called for a hearing on the potential effects of the proposed merger between T-Mobile and Sprint, reported CNET.
The letter brought up concerns that the merger could lead to higher prices, fewer choices, and less flexibility when you want to switch carriers. There’s also concern that the merger could impact low-income consumers since T-Mobile and Sprint are also competitors in the prepaid front.
Opponents of the merger say the reduction in competitors would consolidate the market too much. But supporters, including the companies, say scale is needed to build new 5G infrastructure and to compete in the market.
While the Federal Communication Commission’s review of the merger is on hold during the partial government shutdown, opposition to the deal is growing. A group called the 4Competition Coalition was formed last month to challenge the merger. Several rural carriers, including C Spire, Blue Wireless, and Pine Belt Cellular have joined the coalition. The group now has 23 members.
Full Content: CNet
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
BHP Unveils £31bn Mining Megamerger Proposal with Anglo American
Apr 25, 2024 by
nhoch@pymnts.com
ByteDance Prefers Shutdown Over Sale of TikTok Amid US Ban Threats
Apr 25, 2024 by
CPI
FCC Votes to Restore Net Neutrality Rules
Apr 25, 2024 by
nhoch@pymnts.com
Apple Rejects Spotify’s Updated App Over In-App Pricing Disclosure
Apr 25, 2024 by
CPI
FCC Set to Reinstate Net Neutrality Rules Today
Apr 25, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI