Open Markets Signs on to Coalition Letter Opposing T-Mobile-Sprint Mega Merger
April 18, 2019
Washington, D.C. — Open Markets Institute is one of 24 signatories to a coalition letter, organized by 4Competition, to the U.S. Department of Justice Antitrust Division and the Federal Communications Commission strongly opposing the T-Mobile-Sprint merger.
The merger, if allowed to go forward, would increase T-Mobile’s market power. The combined company would control more than 50 percent of the pre-paid wireless market. This merger would consolidate the nation’s wireless market from four to just three carriers with consequences to American citizens, curbing both competition and innovation.
The letter addressed to Assistant Attorney General Makan Delrahim and FCC Chairman Ajit Pai asserts that “this transaction would… lead to price increases for virtually all wireless customers, substantially raise wholesale rates for smaller wireless carriers, and cause significant job losses – all while failing to deliver the promised benefits of accelerated 5G deployment or expanded rural coverage.”
The signatories on the letter include a diverse group of companies, trade associations, labor organizations, and public interest groups.
Read the full letter here.
Press Contact: Stella Roque at Open Markets Institute, [email protected]