Verizon is Already Too Big. The FCC Can and Must Stop its Latest Acquisition.
Verizon is already a telecommunications behemoth. Now, the corporation is attempting to acquire TracFone, the largest prepaid carrier in the United States.
The Federal Communications Commission has exceptionally broad merger review authority. The agency must use it to block this merger.
I detail the merger and its harms in my latest article on Broadband Breakfast.
Here is the first paragraph. You can read the full article here.
In late July, Democratic senators sent a letter to the Federal Communications Commission urging the agency to investigate the acquisition of TracFone, the largest prepaid carrier, by Verizon, the second-largest wireless phone carrier in the U.S. The FCC should use its broad merger review authority to block it outright.