States are looking to jam T-Mobile and Sprint’s proposed $26.5B merger

The lawsuitm, filed in the United States District Court for the Southern District of New York, alleges that the merger of Sprint and T-Mobile would be anti-competitive and drive up costs for consumers. “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.” “CWA applauds the Attorneys General and especially General Letitia James’ leadership in taking decisive action today to prevent T-Mobile and Sprint from gaining anti-competitive power at the expense of workers, customers, and communities,” added Chris Shelton, president of the Communications Workers of America (CWA), in a statement.

Source: techcrunch.com