Free Press: DISH-Sprint Merger Wouldn't Counter Market Power of Largest Providers

WASHINGTON – On Monday, DISH Network announced a $25.5 billion proposed merger with Sprint Nextel. The offer competes with a move by Japan's SoftBank to acquire Sprint.

Free Press Research Director S. Derek Turner made the following statement:

"These Frankenstein-style mergers among weaker players are no substitute for real competition in the mobile, broadband and video markets. They simply reflect the fact that policymakers have failed to foster competition in those primary markets. Until something is done about the market power that companies like Comcast, Verizon and AT&T abuse daily, consumers will be stuck paying higher bills for mediocre services. No merger at the bottom will do anything to change that reality."

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