Today, 10 state attorneys general, led by New York Attorney General Letitia James and California Attorney General Xavier Becerra, announced that they have filed a multi-state lawsuit to stop the proposed T-Mobile/Sprint merger. Plaintiffs include New York, California, Colorado, the District of Columbia, Maryland, Michigan, Mississippi, Nevada, Virginia, and Wisconsin.
In 2011, Public Knowledge fought hard against the AT&T/T-Mobile merger, until it was finally called off just nine months after its announcement. The merger, which would have led to higher prices and fewer choices for consumers, faced tremendous opposition. Today, we see many of the same industry talking points for the T-Mobile/Sprint proposed merger: false claims about deployment of next-generation networks, market concentration, pricing, and rural broadband access. So we were glad to see that the Yale School of Management added a section on the AT&T/T-Mobile proposed merger as a case study to its Antitrust Enforcement Data project. The project, featuring a wide range of data, serves as a resource for information and economic analyses on antitrust enforcement.
Public Knowledge Senior Policy Counsel Phillip Berenbroick will testify before the U.S. House Committee on Energy & Commerce Wednesday, February 13 at 10:00 a.m. His testimony in the hearing on “Protecting Consumers and Competition: An Examination of the T-Mobile and Sprint Merger” will argue that the proposed merger is a bad deal for consumers, competition, and America’s wireless future -- and would increase wireless prices and fail to deliver any verifiable or merger-specific benefits.
Remember when Sinclair Broadcasting Group tried to buy Tribune Media? That merger would have allowed Sinclair to reach 72 percent of U.S. households -- far, far above the Federal Communications Commission’s 39 percent audience cap. Fortunately for consumers, Tribune backed out of the deal after the FCC signaled it was unwilling to approve the transaction as structured.
Today, Tribune Media has announced that it has terminated its 3.9 billion merger agreement with Sinclair Broadcasting Group and that it has filed a lawsuit against Sinclair for breach of contract. The withdrawal follows the Federal Communications Commission’s move to send the merger to an administrative law judge.