Upcoming event
9:00-9:05 am |
WelcomeBruce H. Kobayashi |
9:05-9:15 am |
Welcome and Introductory RemarksJoseph J. Simons, Chairman |
9:15-10:45 am |
he FTC’s Bureau of Economics has a long tradition of conducting ex post evaluations of consummated mergers, beginning with (then) FTC staff economists David Barton and Roger Sherman’s 1984 examination of the Xidex mergers of the 1970s. Over the last two decades, FTC economists have publicly released 27 merger retrospective studies.
THIS EVENT HAS BEEN POSTPONED
9:00-9:15 am |
Welcome and Introductory RemarksAlden Abbott, General Counsel |
9:15-9:45 am |
Fight heats up over T-Mobile's $26 billion deal with Sprint
T-Mobile CEO John Legere and Sprint executive chairman Marcelo Claure will pitch their companies' $26 billion merger before Congress, hoping to ease lawmaker's concerns about wireless competition while pushing the tie-up as a key part of the nation's 5G quest. It's a key test for a deal that would reduce the number of major national wireless carriers from four to three. The deal's opponents are fighting an uphill battle against a generally business-friendly administration, but the upcoming hearings let them air their concerns and turn up the heat.
This hearing will examine what Congress should do to address risks to consumers and implement data privacy protections for all Americans. The Commerce Committee exercises jurisdiction over the Federal Trade Commission, which is the primary enforcement agency for consumer privacy and information security protections.