Attorney General James' Statement On T-Mobile/sprint Ruling
Attorney General James’ Statement on T-Mobile/Sprint Ruling
NEW YORK – New York Attorney General Letitia James today released the following statement after a federal court rendered a decision declining to block the merger of telecommunications giants T-Mobile and Sprint:
“Today’s decision marks a loss for every American who relies on their cell phone for work, to care for a family member, and to communicate with friends. From the start, this merger has been about massive corporate profits over all else, and despite the companies’ false claims, this deal will endanger wireless subscribers where it hurts most: their wallets. There is no doubt that reducing the mobile market from four to three will be bad for consumers, bad for workers, and bad for innovation, which is why the states stepped up and led this lawsuit. We disagree with this decision wholeheartedly, and will continue to fight the kind of consumer-harming megamergers our antitrust laws were designed to prevent. As we review our options, including a possible appeal, Americans should continue to hold the companies to account for their promises. I’d like to thank California Attorney General Becerra and the 12 additional attorneys general from around the nation for their partnership throughout this lawsuit, as well as the talented team of lawyers that put in countless hours fighting for this nation’s consumers.”