Hartford, CT) – Senator Richard Blumenthal released the following statement today after the Department of Justice announced it would sue to block AT&T’s acquisition of T-Mobile, citing it as a violation of antitrust law - stating that that the deal would “substantially lessen competition” in the wireless market:
“Serious questions have been raised about the effect of the proposed AT&T and T-Mobile merger on competition, innovation, and consumer costs. Regardless of the potential benefits of this deal, the Justice Department’s action today reflects that agency’s considered judgment that this merger would ultimately harm consumers and violate U.S. antitrust law. I support the agency’s efforts to protect consumers and urge the Federal Communications Commission, whose Chairman has said that the proposal raises serious concerns about competition, to conclude its review of this transaction quickly.”
###