Sens. Mike Lee (R-UT) and Amy Klobuchar (D-MN), the chairman and ranking member of the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights, will hold a subcommittee hearing June 27th on the proposed T-Mobile-Sprint Merger.
“Few industries touch Americans’ daily lives as much as the wireless market,” Sen. Lee said. “As Chairman of the Antitrust Subcommittee, I want to make sure that the proposed merger between T-Mobile and Sprint benefits consumers in a manner consistent with existing antitrust law.”
“The combination of T-Mobile and Sprint raises serious antitrust issues. Competition among the four largest cell phone carriers has led to lower prices, better service and more innovation. That’s why it’s critically important that we hold a hearing to ask serious questions about how this consolidation could affect American consumers,” said Sen. Klobuchar.