Klobuchar, Lee Statements on AT&T-DirecTV Merger
May 19, 2014
Washington, D.C. – U.S. Senators Amy Klobuchar (D-MN) and Mike Lee (R-UT) today released the following statements regarding the AT&T-DirecTV merger. Klobuchar is chair and Lee is ranking member of the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights.
“AT&T's proposed acquisition of DirecTV is yet another merger that has the potential to dramatically change the television market,” Klobuchar said. “As chair of the Senate Antitrust Subcommittee, I will hold a hearing to examine the effect this merger would have on competition, innovation, and the prices, choices, and service offered to consumers across the country.”
“The announcement of an additional merger in the telecommunications and media industry raises concerns about the level of consolidation in these markets,” Lee said. “At the same time, consolidation can benefit consumers in some circumstances. I look forward to carefully reviewing the evidence and examining the effect this transaction may have on consumer welfare.”
“AT&T's proposed acquisition of DirecTV is yet another merger that has the potential to dramatically change the television market,” Klobuchar said. “As chair of the Senate Antitrust Subcommittee, I will hold a hearing to examine the effect this merger would have on competition, innovation, and the prices, choices, and service offered to consumers across the country.”
“The announcement of an additional merger in the telecommunications and media industry raises concerns about the level of consolidation in these markets,” Lee said. “At the same time, consolidation can benefit consumers in some circumstances. I look forward to carefully reviewing the evidence and examining the effect this transaction may have on consumer welfare.”
