The Federal Communications Commission said Tuesday that it will remain committed to combating consolidation within the wireless industry, a vow made just weeks after Sprint and T-Mobile abandoned their merger plans.
According to reports, FCC chief Tom Wheeler spoke Tuesday at a conference held by wireless industry group CTIA. “We will continue to be skeptical of efforts to achieve scale though the consolidation of major players,” Wheeler said.
Sprint and T-Mobile, the nation’s third- and fourth-place mobile rivals, were looking to merge to boost their competitive position against market leaders Verizon and AT&T. The companies abandoned their plans following “outspoken” criticism of the deal by authorities.
In 2011, regulators sued to block a takeover of T-Mobile by AT&T.
Full content: CNN
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI