After more than a year of review, the Department of Justice announced today that it has approved the proposed T-Mobile/Sprint merger, the divestiture of prepaid brands and customers, as well as several side agreements designed to accelerate Dish Network’s entry into the wireless market.
Today, Federal Communications Commission Chairman Ajit Pai released a statement announcing his support of the proposed T-Mobile/Sprint merger with modest conditions. The proposed merger is still pending approval by the full FCC as well as the Department of Justice, state Attorneys General, and the California Public Utilities Commission. Public Knowledge opposes the transaction as a member of the 4Competition Coalition, filed a Petition to Deny with the FCC, and testified against the deal on Capitol Hill.
Today, Walt Disney Co. announced a deal to acquire significant programming assets from 21st Century Fox Inc. The deal would unite two substantial content companies and mark the second media mega-merger to face antitrust scrutiny next year. Public Knowledge contends that this merger may pose harms to competition and consumers by further consolidating must-have programming assets and major motion picture studios, and ultimately leading to consumers paying higher prices for video content.
Today, the Department of Justice filed a lawsuit against the proposed merger of AT&T and Time Warner. Public Knowledge supports this lawsuit because this $108 billion merger would harm the American public by inflating prices, harming competition, and reducing programming opportunities for diverse media voices.