Today, the 4Competition Coalition released the following statement regarding T-Mobile’s filing to FCC:
“Committing to not raise ‘rate plans’ for three years is an empty promise that does not provide any real price protection for consumers. In fact, T-Mobile’s announcement has confirmed exactly what their own data shows: The merger will eliminate wireless competition and increase prices for consumers.
The company’s pledge is riddled with loopholes and ensures that any network improvements will allow them to justify higher monthly bills, effectively rendering the pledge meaningless.
Today’s news also makes clear that T-Mobile knows that its merger is in trouble. Their response – inviting government agencies to regulate their behavior – seeks to impose precisely the kind of behavioral conditions that regulators have found ineffective and unenforceable in past merger reviews.”