T-Mobile and Sprint know that they face an uphill battle in persuading regulators that they should be allowed to merge. Most competition theory suggests that letting a highly-concentrated market lose its two lowest-price players is a terrible idea, which is why T-Mobile is arguing that its merger needs to happen for national security or jobs or something.
But when it comes to competition, T-Mobile is pushing one specific idea: Verizon and AT&T are two giants that neither T-Mobile nor Sprint can take down on their own, but if they combine forces, they can team up and there will actually be more competition! If that's the case -- that the New T-Mobile will be so wonderfully resourced that it will steamroll the competition -- then why on earth are the heads of Verizon and AT&T so blasé about the whole thing?
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Wow, I wonder why AT&T and Verizon aren’t worried about that mammoth Sprint-T-Mobile merger originally appeared on BGR.com on Wed, 16 May 2018 at 19:23:23 EDT. Please see our terms for use of feeds.
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