Democratic Sens asks DOJ and FCC to investigate potential Sprint-T-Mobile merger
A group of Democratic Sens is asking regulators to investigate the potential effects of a merger between T-Mobile and Sprint. In letters to the Department of Justice and the Federal Communications Commission on Oct 6, the eight senators, led by Sen Amy Klobuchar (D-MN), said they are concerned that the potential deal could hurt consumers.
“Beginning an investigation into a merger of T-Mobile and Sprint now will allow your agencies to quickly, but fully, review the agreement if it is announced,” they wrote. “Indeed, multiple news sources are reporting that the two parties are close to a deal in principle. The likelihood of the transaction occurring combined with the serious issues that it raises provide compelling reason for DOJ and the FCC to begin investigating the potential transaction.” The letter was also signed by Sens Al Franken (D-MN), Patrick Leahy (D-VT), Richard Blumenthal (D-CT), Ron Wyden (D-OR), Kirsten Gillibrand (D-NY), Edward Markey (D-MA), and Jeff Merkley (D-OR).
Democratic Sens asks DOJ and FCC to investigate potential Sprint-T-Mobile merger Klobuchar, Franken, Senate Democrats Urge FCC and DOJ to Investigate Impact of a Potential T-Mobile and Sprint Merger (read the letter)