DOJ Staffers: The T-Mobile Sprint Merger Will Reduce Competition And Should Be Blocked

DOJ Staffers: The T-Mobile Sprint Merger Will Reduce Competition And Should Be Blocked

7 years ago
Anonymous $uquhsGEL_U

https://www.techdirt.com/articles/20171012/10424238393/doj-staffers-t-mobile-sprint-merger-will-reduce-competition-should-be-blocked.shtml

We've already noted how, despite some empty promises by Sprint and Japanese-owner Softbank, the company's (second) attempted merger with T-Mobile will be a notable job killer. How bad will the damage be? At least one analyst predicts the total number of jobs lost could be more than the total number of people Sprint currently employs (around 28,000). Other analysts estimate the deal could kill something closer to 20,000 jobs, and even the most optimistic tallies put the job damage at somewhere closer to 10,000 lost positions -- most of them either in retail (as duplicate stores are closed) or among redundant management positions.

The reduction in major wireless competitors from four to three will also have an obvious, detrimental impact on competition in the space, reducing price competition in the sector and potentially putting an end to the recent, welcome return of unlimited data plans. Just ask career staffers at the Justice Department, who this week leaked word that many of them would be advising agency bosses to block the deal unless their goal is less competition in the space:

DOJ Staffers: The T-Mobile Sprint Merger Will Reduce Competition And Should Be Blocked

Oct 13, 2017, 2:17pm UTC
https://www.techdirt.com/articles/20171012/10424238393/doj-staffers-t-mobile-sprint-merger-will-reduce-competition-should-be-blocked.shtml >We've already noted how, despite some empty promises by Sprint and Japanese-owner Softbank, the company's (second) attempted merger with T-Mobile will be a notable job killer. How bad will the damage be? At least one analyst predicts the total number of jobs lost could be more than the total number of people Sprint currently employs (around 28,000). Other analysts estimate the deal could kill something closer to 20,000 jobs, and even the most optimistic tallies put the job damage at somewhere closer to 10,000 lost positions -- most of them either in retail (as duplicate stores are closed) or among redundant management positions. >The reduction in major wireless competitors from four to three will also have an obvious, detrimental impact on competition in the space, reducing price competition in the sector and potentially putting an end to the recent, welcome return of unlimited data plans. Just ask career staffers at the Justice Department, who this week leaked word that many of them would be advising agency bosses to block the deal unless their goal is less competition in the space: