State of New York v. Deutsche Telecom AG. Brief of Amici Curiae Nicholas Economides, John Kwoka, Thomas Philippon, Robert Seamans, Hal Singer, Marshall Steinbaum, and Lawrence J. White in Support of Plaintiffs
Stern School of Business, New York University; New York University (NYU) - Leonard N. Stern School of Business, Department of Economics
Date Written: January 13, 2020
Abstract
As economists with significant experience in competition, telecommunications, and regulatory matters, we have filed the attached brief in the case of State of New York v. Deutsche Telecom supporting the plaintiffs, who have sued to prevent the merger of T-Mobile and Sprint. We explain why the proposed merger of Sprint and T-Mobile and the elimination of Sprint as a competitor, even in the presence of the U.S. Department of Justice's proposed remedy (as embodied in the DOJ's Proposed Final Judgment), would predictably inflict serious antitrust injury on consumers and competition.
Economides, Nicholas and Kwoka, John E. and Philippon, Thomas and Seamans, Robert and Singer, Hal J. and Steinbaum, Marshall and White, Lawrence J. and White, Lawrence J., State of New York v. Deutsche Telecom AG. Brief of Amici Curiae Nicholas Economides, John Kwoka, Thomas Philippon, Robert Seamans, Hal Singer, Marshall Steinbaum, and Lawrence J. White in Support of Plaintiffs (January 13, 2020). NET Institute Working Paper No. #20-01, NYU Stern School of Business, Available at SSRN: https://ssrn.com/abstract=3519363 or http://dx.doi.org/10.2139/ssrn.3519363