Lee Pleased Verizon-Spectrum Co Will Be Approved

August 17, 2012

WASHINGTON—Senator Mike Lee (R-UT), ranking member of the Senate Judiciary Committee’s Antitrust, Competition Policy, and Consumer Rights subcommittee, today released the following statement in regards to the Department of Justice’s approval of agreements between Verizon, Comcast, and three other cable companies:

"Vigorous competition is essential to consumer welfare in the wireless and cable markets.  I'm pleased that the Verizon-Spectrum Co transaction is moving forward.  As my letter to the FCC and DOJ outlined, I believe this deal is primarily procompetitive and will benefit consumers by putting previously fallow spectrum to efficient use, expanding consumer choice through the introduction of a new bundled offering, and spurring innovation in the development of new technologies and products."

Communications Director
Brian Phillips
Brian_Phillips@lee.senate.gov
202-224-5444

Press Secretary
Emily Bennion
Emily_Bennion@lee.senate.gov
202-224-3904