State AGs Move to Halt T-Mobile-Sprint Merger - PCMag UK " /> Skip to main content PCMag UK By Rob Marvin 11 Jun 2019, 9:47 p.m. A group of nearly a dozen attorneys general is preparing a lawsuit to stop the deal on the grounds that the deal will harm competition and raise prices for consumers. We review products independently, but we may earn affiliate commissions from buying links on this page. Terms of use. UPDATE 4PM ET: New York Attorney General Letitia James has filed suit to block the merger between Sprint and T-Mobile. The suit was filed by attorneys general from 10 states as well as Washington, D.C. The other AGs represent California, Colorado, Connecticut, Maryland, Michigan, Mississippi, Virginia, and Wisconsin. "When it comes to corporate power, bigger isn't always better," James said in a statement. "The T-Mobile and Sprint merger would not only cause irreparable harm to mobile subscribers nationwide by cutting access to affordable, reliable wireless service for millions of Americans, but would particularly affect lower-income and minority communities here in New York and in urban areas across the country." Filed in the Southern District of New York, the lawsuit states that the merger would result in price increases, decreased incentive for innovation, and lost jobs, and that the companies have provided no plans to build any new cell sites in areas that would not otherwise be served by either T-Mobile or Sprint. The AGs did not give any advance notice to the Justice Department before filing the action. California AG Xavier Becerra also released a statement: "This merger would hurt the most vulnerable Californians and result in a compressed market with fewer choices and higher prices." Original Story: The odds continue to stack up against Sprint and T-Mobile's $26.5 billion merger. A group of at least 10 state attorneys general, led by New York AG Letitia James, plan to jointly file a lawsuit in federal court today blocking the deal on antitrust grounds, Reuters reports. This comes weeks after a report that the Justice Department also plans to block the merger. The FCC and Chairman Ajit Pai have signaled support for the deal with conditions, such as a pledge to sell off Boost Mobile, but Sprint and T-Mobile need regulatory approval from both the DOJ and FCC. The impending state lawsuit is another headache for the carriers. Sprint CEO Marcelo Claure and T-Mobile chief John Legere met with the Justice Department on Monday, Reuters says. Bloomberg confirms the report, adding that the suit will argue that the deal will harm competition and raise prices for consumers by at least $4.5 billion a year. A group of Democratic senators voiced similar concerns in February. The lawsuit will reportedly be filed in New York and the New York Attorney General's Office has a press conference scheduled for this afternoon. This story is still developing and will be updated as more details emerge. Next Article More Inside PCMag.com About the Author Rob Marvin is the Assistant Editor of PCMag's Business section. He covers startups, business and venture capital, and writes features, news, and trend stories on all manner of emerging technologies. Beats include: blockchain, artificial intelligence and cognitive computing, augmented reality, legal cannabis tech, social media, the mobile app economy, digital commerce and payments, cloud, Big Data, low code development, containers and microservices, deep linking, equity crowdfunding, M&A, SEO, and enterprise software in general. Rob was previously an editor at SD Times covering software, managing social media, and writing narrative-driven features on any offbeat story or trend he could find. He graduated from Syracuse University's S.I. Newhouse School of Public Communications ... See Full Bio Please enable JavaScript to view the comments. Ad Filed in the Southern District of New York, the lawsuit states that the merger would result in price increases, decreased incentive for innovation, and lost jobs, and that the companies have provided no plans to build any new cell sites in areas that would not otherwise be served by either T-Mobile or Sprint. The AGs did not give any advance notice to the Justice Department before filing the action.\nCalifornia AG Xavier Becerra also released a statement: \"This merger would hurt the most vulnerable Californians and result in a compressed market with fewer choices and higher prices.\"\n\nOriginal Story: The odds continue to stack up against Sprint and T-Mobile's $26.5 billion merger. A group of at least 10 state attorneys general, led by New York AG Letitia James, plan to jointly file a lawsuit in federal court today blocking the deal on antitrust grounds, Reuters reports.\nThis comes weeks after a report that the Justice Department also plans to block the merger. The FCC and Chairman Ajit Pai have signaled support for the deal with conditions, such as a pledge to sell off Boost Mobile, but Sprint and T-Mobile need regulatory approval from both the DOJ and FCC.\nThe impending state lawsuit is another headache for the carriers. Sprint CEO Marcelo Claure and T-Mobile chief John Legere met with the Justice Department on Monday, Reuters says. Bloomberg confirms the report, adding that the suit will argue that the deal will harm competition and raise prices for consumers by at least $4.5 billion a year.\nA group of Democratic senators voiced similar concerns in February.\nThe lawsuit will reportedly be filed in New York and the New York Attorney General's Office has a press conference scheduled for this afternoon. This story is still developing and will be updated as more details emerge.\n\n\n", "image": [{"url": "https://sm.pcmag.com/pcmag_uk/news/s/state-ags-/state-ags-move-to-halt-t-mobile-sprint-merger_wykf.jpg", "width": 1920, "caption": "State AGs Move to Halt T-Mobile-Sprint Merger", "@type": "ImageObject", "height": 1080}], "datePublished": "2019-06-11 20:47:00+00:00", "publisher": {"url": "https://uk.pcmag.com", "logo": {"url": "/s//pcmag/pcmag_logo_micro.png", "width": 245, "@type": "ImageObject", "height": 60}, "@type": "Organization", "name": "PCMag UK"}, "about": "", "author": {"jobTitle": "Assistant Editor, Business", "description": "Rob Marvin is the Assistant Editor of PCMag's Business section. He covers startups, business and venture capital, and writes features, news, and trend stories on all manner of emerging technologies. Beats include: blockchain, artificial intelligence and cognitive computing, augmented reality, legal cannabis tech, social media, the mobile app economy, digital commerce and payments, cloud, Big Data, low code development, containers and microservices, deep linking, equity crowdfunding, M&A, SEO, and enterprise software in general.\n\nRob was previously an editor at SD Times covering software, managing social media, and writing narrative-driven features on any offbeat story or trend he could find. He graduated from Syracuse University's S.I. Newhouse School of Public Communications in 2013 with degrees in Magazine Journalism and Psychology. You can also find his business and tech coverage on Entrepreneur and Fox Business. \n\nRob is also an unabashed nerd who does occasional entertainment writing for Geek.com on movies, TV, and culture. He reads epic fantasy and historical fiction, and enjoys having his heart routinely broken by the Jets and Knicks. Once a year you can find him on a couch with friends marathoning The Lord of the Rings trilogy--extended editions. Follow Rob on Twitter at @rjmarvin1.", "@type": "Person", "image": "https://assets.pcmag.com/media/images/638143-rob-marvin.jpg?thumb=y&width=85&height=85", "name": "Rob Marvin"}, "headline": "State AGs Move to Halt T-Mobile-Sprint Merger", "@type": "NewsArticle", "mainEntityOfPage": {"@id": "https://uk.pcmag.com/news/121242/state-ags-move-to-halt-t-mobile-sprint-merger", "@type": "WebPage"}, "@context": "https://schema.org", "dateModified": "2019-06-11 20:49:10+00:00"} State AGs Move to Halt T-Mobile-Sprint Merger - PCMag UK " /> Skip to main content PCMag UK By Rob Marvin 11 Jun 2019, 9:47 p.m. A group of nearly a dozen attorneys general is preparing a lawsuit to stop the deal on the grounds that the deal will harm competition and raise prices for consumers. We review products independently, but we may earn affiliate commissions from buying links on this page. Terms of use. UPDATE 4PM ET: New York Attorney General Letitia James has filed suit to block the merger between Sprint and T-Mobile. The suit was filed by attorneys general from 10 states as well as Washington, D.C. The other AGs represent California, Colorado, Connecticut, Maryland, Michigan, Mississippi, Virginia, and Wisconsin. "When it comes to corporate power, bigger isn't always better," James said in a statement. "The T-Mobile and Sprint merger would not only cause irreparable harm to mobile subscribers nationwide by cutting access to affordable, reliable wireless service for millions of Americans, but would particularly affect lower-income and minority communities here in New York and in urban areas across the country." Filed in the Southern District of New York, the lawsuit states that the merger would result in price increases, decreased incentive for innovation, and lost jobs, and that the companies have provided no plans to build any new cell sites in areas that would not otherwise be served by either T-Mobile or Sprint. The AGs did not give any advance notice to the Justice Department before filing the action. California AG Xavier Becerra also released a statement: "This merger would hurt the most vulnerable Californians and result in a compressed market with fewer choices and higher prices." Original Story: The odds continue to stack up against Sprint and T-Mobile's $26.5 billion merger. A group of at least 10 state attorneys general, led by New York AG Letitia James, plan to jointly file a lawsuit in federal court today blocking the deal on antitrust grounds, Reuters reports. This comes weeks after a report that the Justice Department also plans to block the merger. The FCC and Chairman Ajit Pai have signaled support for the deal with conditions, such as a pledge to sell off Boost Mobile, but Sprint and T-Mobile need regulatory approval from both the DOJ and FCC. The impending state lawsuit is another headache for the carriers. Sprint CEO Marcelo Claure and T-Mobile chief John Legere met with the Justice Department on Monday, Reuters says. Bloomberg confirms the report, adding that the suit will argue that the deal will harm competition and raise prices for consumers by at least $4.5 billion a year. A group of Democratic senators voiced similar concerns in February. The lawsuit will reportedly be filed in New York and the New York Attorney General's Office has a press conference scheduled for this afternoon. This story is still developing and will be updated as more details emerge. Next Article More Inside PCMag.com About the Author Rob Marvin is the Assistant Editor of PCMag's Business section. He covers startups, business and venture capital, and writes features, news, and trend stories on all manner of emerging technologies. Beats include: blockchain, artificial intelligence and cognitive computing, augmented reality, legal cannabis tech, social media, the mobile app economy, digital commerce and payments, cloud, Big Data, low code development, containers and microservices, deep linking, equity crowdfunding, M&A, SEO, and enterprise software in general. Rob was previously an editor at SD Times covering software, managing social media, and writing narrative-driven features on any offbeat story or trend he could find. He graduated from Syracuse University's S.I. Newhouse School of Public Communications ... See Full Bio Please enable JavaScript to view the comments. Ad Filed in the Southern District of New York, the lawsuit states that the merger would result in price increases, decreased incentive for innovation, and lost jobs, and that the companies have provided no plans to build any new cell sites in areas that would not otherwise be served by either T-Mobile or Sprint. The AGs did not give any advance notice to the Justice Department before filing the action.\nCalifornia AG Xavier Becerra also released a statement: \"This merger would hurt the most vulnerable Californians and result in a compressed market with fewer choices and higher prices.\"\n\nOriginal Story: The odds continue to stack up against Sprint and T-Mobile's $26.5 billion merger. A group of at least 10 state attorneys general, led by New York AG Letitia James, plan to jointly file a lawsuit in federal court today blocking the deal on antitrust grounds, Reuters reports.\nThis comes weeks after a report that the Justice Department also plans to block the merger. The FCC and Chairman Ajit Pai have signaled support for the deal with conditions, such as a pledge to sell off Boost Mobile, but Sprint and T-Mobile need regulatory approval from both the DOJ and FCC.\nThe impending state lawsuit is another headache for the carriers. Sprint CEO Marcelo Claure and T-Mobile chief John Legere met with the Justice Department on Monday, Reuters says. Bloomberg confirms the report, adding that the suit will argue that the deal will harm competition and raise prices for consumers by at least $4.5 billion a year.\nA group of Democratic senators voiced similar concerns in February.\nThe lawsuit will reportedly be filed in New York and the New York Attorney General's Office has a press conference scheduled for this afternoon. This story is still developing and will be updated as more details emerge.\n\n\n", "image": [{"url": "https://sm.pcmag.com/pcmag_uk/news/s/state-ags-/state-ags-move-to-halt-t-mobile-sprint-merger_wykf.jpg", "width": 1920, "caption": "State AGs Move to Halt T-Mobile-Sprint Merger", "@type": "ImageObject", "height": 1080}], "datePublished": "2019-06-11 20:47:00+00:00", "publisher": {"url": "https://uk.pcmag.com", "logo": {"url": "/s//pcmag/pcmag_logo_micro.png", "width": 245, "@type": "ImageObject", "height": 60}, "@type": "Organization", "name": "PCMag UK"}, "about": "", "author": {"jobTitle": "Assistant Editor, Business", "description": "Rob Marvin is the Assistant Editor of PCMag's Business section. He covers startups, business and venture capital, and writes features, news, and trend stories on all manner of emerging technologies. Beats include: blockchain, artificial intelligence and cognitive computing, augmented reality, legal cannabis tech, social media, the mobile app economy, digital commerce and payments, cloud, Big Data, low code development, containers and microservices, deep linking, equity crowdfunding, M&A, SEO, and enterprise software in general.\n\nRob was previously an editor at SD Times covering software, managing social media, and writing narrative-driven features on any offbeat story or trend he could find. He graduated from Syracuse University's S.I. Newhouse School of Public Communications in 2013 with degrees in Magazine Journalism and Psychology. You can also find his business and tech coverage on Entrepreneur and Fox Business. \n\nRob is also an unabashed nerd who does occasional entertainment writing for Geek.com on movies, TV, and culture. He reads epic fantasy and historical fiction, and enjoys having his heart routinely broken by the Jets and Knicks. Once a year you can find him on a couch with friends marathoning The Lord of the Rings trilogy--extended editions. Follow Rob on Twitter at @rjmarvin1.", "@type": "Person", "image": "https://assets.pcmag.com/media/images/638143-rob-marvin.jpg?thumb=y&width=85&height=85", "name": "Rob Marvin"}, "headline": "State AGs Move to Halt T-Mobile-Sprint Merger", "@type": "NewsArticle", "mainEntityOfPage": {"@id": "https://uk.pcmag.com/news/121242/state-ags-move-to-halt-t-mobile-sprint-merger", "@type": "WebPage"}, "@context": "https://schema.org", "dateModified": "2019-06-11 20:49:10+00:00"}

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