Press Releases

Lee Pleased Verizon-Spectrum Co Will Be Approved

Aug 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

KOHL, LEE OUTLINE ANALYSIS OF UNIVERSAL-EMI MERGER IN LETTER TO FTC

Aug 3, 2012

WASHINGTON – U.S. Senators Herb Kohl (D-WI) and Mike Lee (R-UT), chairman and ranking member of the Senate Antitrust, Competition Policy and Consumer Rights Subcommittee, today outlined their analysis of the pending acquisition of EMI Group by Universal Music Group in a letter to the chairman of the Federal Trade Commission (FTC), which is currently reviewing the merger.  The subcommittee convened a hearing on June 21, 2012 to consider the sale of EMI’s recorded music business to Universal, and its impact on competition, artists, and consumers.
 
“This letter summarizes the findings of our investigation into this transaction. In brief, without reaching any final judgment as to the legality of the deal under the antitrust laws, we believe this proposed acquisition presents significant competition issues that merit careful FTC review to ensure that the transaction is not likely to cause substantial harm to competition in the affected markets.  In the course of this review, we also urge the Commission to be mindful of the changes in the music industry in the last decade, particularly the shift to online distribution as the preferred way consumers purchase music,” the Senators wrote.

Senators Introduce Bipartisan Pay for Printing Act

Aug 3, 2012

This bipartisan legislation simply requires senators to take responsibility for paying for the cost of printing these symbolic resolutions out of their own office budgets.

Lee Introduces Cut, Cap, Balance Act

Aug 1, 2012

It’s not right to ask the American people to pay for the debt Congress created, especially if it has not taken significant steps to reverse overspending. We have to identify our priorities, set responsible spending levels to meet them, and eliminate the trillion dollar deficits that are sapping the economy of precious resources. Cut, Cap, Balance moves us in the right direction so we can restore confidence in our economy, create jobs, and get the country moving again.

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