Deals
T-Mobile's Sprint Deal Draws State Concerns Over Consumer Harm
- Merger’s impact on lower-income consumers said to be focus
- States said to hire economists including Berkeley’s Shapiro
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State antitrust enforcers are expressing deep concerns that T-Mobile US Inc.’s proposed takeover of Sprint Corp. could raise prices for consumers, signaling they might seek to thwart the deal.
Some state attorneys general who are investigating the $26 billion transaction took the unusual step this week of publicly voicing worries that the combination could harm competition, offering insight for the first time into how they view the tie-up.