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."