Karl Bode discusses the aftermath of the T-Mobile-Sprint merger, reflecting on warnings from critics that the deal would lead to layoffs, less competition, higher prices, and a lower quality product. Despite assurances from T-Mobile CEO John Legere, layoffs followed, and price competition in the U.S. wireless market effectively stopped. The merger was seen as a strategy to increase profits and reduce competition, with regulators like the Trump DOJ favoring the deal despite its negative impact on consumers. The article highlights the importance of competition and consumer welfare in the telecom sector, contrasting the current situation with past decisions to block similar mergers.
https://www.techdirt.com/2024/05/16/report-sprint-t-mobile-merger-immediately-killed-wireless-price-competition-in-u-s/