Light-Touch Antitrust Policy Is A Win For American Taxpayers

Ahead of the Senate Judiciary Committee's Antitrust Subcommittee hearing on the competitive impact of the merger between T-Mobile and Sprint, Brandon Arnold of National Taxpayers Union (NTU) released the following statement: 

“Consumers and taxpayers benefit when the government regulates with a ‘light-touch’ that allows the free market to operate, unless there is a significant threat of consumer harm or unreasonable market consolidation. In the case of the proposed merger between T-Mobile and Sprint, the government has no legitimate reason to intervene in a deal that will be a winner for America’s consumers, taxpayers, and economy at-large. The union between the number three and number four wireless carriers comes at an opportune time. As I have noted in previous commentary, the joint venture between T-Mobile and Sprint will allow the combined company to increase capital investment in new technology that will accelerate the nationwide rollout of 5G. This will increase offerings to consumers thanks to boosted competition. Additionally, taxpayers at the state and local levels could win big as governments become more efficient with services, such as sanitation and traffic management, thanks to 5G technology.”

“As the Department of Justice, Federal Communications Commission, and elected officials review the merger between T-Mobile and Sprint, they should consider the benefits to consumers and taxpayers and approve this deal without delay.”