Earlier this week, attorneys general (AG) for nine states and D.C. filed suit to stop the merger of T-Mobile and Sprint. Their argument is that the $26 billion deal would decrease competition, create a monopoly and drive up consumer costs.
New York AG Letitia James, AG Xavier Becerra of CA, and other attorneys general say the deal, as it stands, could cost T-Mobile and Sprint customers a minimum of $4.5 billion annually. They claim the merger will also have a ripple effect throughout the wireless market and impact others as well.
“When it comes to corporate power, bigger isn’t always better,” says James said in a published statement,“This is exactly the sort of consumer-harming, job-killing megamerger our antitrust laws were designed to prevent.”
Colorado, Maryland, Connecticut, Michigan, Mississippi, Virginia, and Wisconsin are also joining New York, the District of Columbia and California in attempting to stop the merger.
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About the Author: Aisha K. Staggers is a writer, lecturer, political analyst and literary agent. She appears weekly for “Staggers’ State of Things” on the Dr. Vibe Show. Her work has been published by Paper Magazine, AfroPunk, The Spool, GREY Journal, MTV News, HuffPost, Blavity, Atlanta Blackstar, For Harriet, New York Review of Books and a host of other first-run publications and syndicated outlets. Find her on Twitter @AishaStaggers. For more of her work, check out her page here!