Today it was announced that the Department of Justice will move to block the merger of AT&T and T-Mobile, citing that the merger would “substantially lessen competition” in the wireless market. The following statement may be attributed to Mike Wendy, Director of MediaFreedom.org:
Alexandria, VA, August 31, 2011 – “Today’s announcement by the DoJ represents a defeat for consumers, innovation and jobs. Though the marketplace would have changed in complexion as a result of the merger, its vibrant nature in fact would have been amplified by the union. Instead of just giving up and defaulting to harmful ‘duopoly tactics’ – as many in the anti-merger camp insist would have happened – carriers large to small would have more fiercely competed for customers, presenting new offerings, plans, coverage, technology and other consumer-friendly innovations to capture their business.
“Consequently, this competitive maelstrom would have resulted in bringing more broadband productivity tools to more Americans, helping them better compete, and companies produce more jobs here in the U.S.
“If the DoJ suit bears fruit, it will have killed a ‘jobs stimulus plan’ that needed no approval from an ornery Congress – a sad outcome made even more so by the tough road we face in getting our economy back on its feet.”