Thursday, January 30, 2014
According to the NYTimes, William Baer threw cold water on the prospects of a wireless merger between Sprint and T-Mobile:
“It’s going to be hard for someone to make a persuasive case that reducing four firms to three is actually going to improve competition for the benefit of American consumers,” he said, without referring to any specific merger proposal. “Any proposed transaction would get a very hard look from the antitrust division.”
Ditto for any potential Charter-Time Warner Cable deal. In the current environment, getting either of those deals past antitrust authorities will be a long, hard pull.