CCIA Applauds DOJ’s Decision to Block AT&T, T-Mobile Merger
8/31/2011
This morning the US Department of Justice (DOJ) announced that
they have filed a lawsuit in the US District Court for the District of Columbia
seeking to prevent AT&T from acquiring its competitor T-Mobile. In response, CCIA President and CEO Ed
Black issued this statement:
“We are pleased, but not surprised. From the outset, it was clear that this merger was
anticompetitive. This was a slam-dunk decision for the DOJ, as this was a
textbook case of a blatantly anticompetitive horizontal merger. We are grateful
that the Justice Department ignored AT&T's unprecedented political pressure
and made its decision based on the clear facts gleaned from its thorough
investigation. This is exactly
what a well functioning antitrust authority is meant to do — prevent dangerous
concentration of power and protect consumers — and that is what the Justice
Department did today.
“This merger would be disastrous for consumers, innovation, jobs,
the Internet ecosystem and our economy in general. Mobile broadband is quickly emerging as the future of the
Internet and is serving as an increasingly vital sector to the entire
economy. The negative effects of
this merger would have been felt far beyond mobile wireless network services in
mobile applications, advertising, wireless security systems, equipment and
handset devices, not to mention every industry in America that relies on mobile
communications. T-Mobile has
always been an innovative, customer service and value-oriented competitor that
helps discipline the market for the benefit of all.”