Common Cause Condemns Court Approval of T-Mobile-Sprint Merger
“We are deeply disappointed in the Court’s decision to approve the T-Mobile-Sprint merger, which will have significant consequences for consumers and competition. All of the evidence in this proceeding shows that this merger is inherently illegal under antitrust law. Even evidence presented at the trial revealed the companies’ executives acknowledged prices for wireless service would rise if the merger was approved. The Court’s decision will reduce the wireless market from four to three national carriers, undoubtedly raising prices on wireless customers. Consumers can also expect to see coordinated effects from the remaining three national wireless companies, which will result in higher prices, fewer choices, and less innovation across the board. Low-income and marginalized communities who rely on more affordable services from T-Mobile and Sprint may find themselves displaced from wireless access."