Sprint and T-Mobile announced today that they have decided
to end recent merger talks and continue to go their separate ways in the U.S. wireless
telecom market. This is good news for
consumers.
According to research firm,
Mosaik (and cited in the WSJ, 11/4/2017), two-thirds of U.S. counties would have
lost a provider if the merger went through.
With one less competitor in the market, the three remaining firms would have
benefited from an increase in market power – possibly resulting in higher
prices and less innovation.
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