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Ty Perkins Rep. Jan Schakowsky, D-Illinois. 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. The FCC should use its broad merger review authority to block it outright.

With prepaid service, consumers pay for a set amount of cellular usage upfront rather than receive a bill at the end of the month. Verizon is one of the most dominant telecommunications companies in the U. Up until now, the company has focused on its traditional postpaid service and almost entirely ignored the prepaid cellular market.

Verizon now sees an opportunity to use its financial firepower to acquire an important competitor with its attempted acquisition of TracFone. A staggering potential windfall for Verizon The potential windfall for Verizon is staggering. If this deal were to be approved, the FCC would anoint Verizon as the largest wireless prepaid service operator in the United States and the company would obtain an additional 21 million customers. The merger would also allow Verizon to acquire the fourth-largest wireless company by subscribership in the U. However, the communications industry is so The Federal Communications Commission Fcc Lower The that Congress also gave the FCC the authority to review and deny mergers and acquisitions in the sector.

As such, the FCC has broad discretion and can consider a range of factors when analyzing a merger under its jurisdiction. A merger of this magnitude will undoubtedly cause the traditional litany of harms derived from mergers, such as an increase in the barriers to entry for the communications sector and increased potential collusion between firms as a result of increased concentration.

The FCC should not allow Verizon to acquire a critical competitor First, as with most mergers by corporate monopolies, Verizon does not need to acquire TracFone to accomplish its operational goals. The FCC should not allow Verizon to use its dominant financial position to acquire and subsequently neutralize a critical competitor and market participant and forgo operational investments and other necessary market research to expand its network. Instead, the FCC can force the corporation to use its vast finances to develop its own rival prepaid network by blocking the merger.

Such a circumstance would increase competition in the industry and benefit consumers. Additionally, such a course of action would facilitate the kind of business conduct and investments in internal expansion the antitrust laws and other antimonopoly policies actively encouragewhile increasing market competition and firm rivalry. Here Supreme Court has consistently praised and encouraged growth from internal operations rather than acquisition. Prepaid carriers like TracFone often rent the communications infrastructure from postpaid carriers like Verizon to provide their service.

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Thus, rather than focusing on expanding and maintaining network infrastructurerenting it provides prepaid carriers the ability to provide lower-cost service, more tailored service, and a better customer experience overall. In this case, potential price increases are not only likely, but they would also be exceptionally harmful. Concerning TracFone specifically, the company provides a critical service to vulnerable sectors of the population that are extremely sensitive to price increases — particularly low-income consumers and people of color who live within the geographic area which TracFone serves. Importantly, TracFone participates in the federal Lifeline Programa crucial government program that provides low-income individuals subsidies to afford phone service. Moreover, because of the increased market concentration, which would thus deprive customers of one less carrier to switch to, Verizon would face significantly fewer incentives to keep its prices low for such a vulnerable population.

Additionally, cell phones are a critical and vital tool for the public, particularly during the pandemic. Low-income students as well are now heavily reliant on cell phones for online education during the COVID The Federal Communications Commission Fcc Lower The.

In a surveybetween 29 and 43 percent The Federal Communications Commission Fcc Lower The parents said their children will have to do their schoolwork and engage in online learning from a cell phone. Access to low-cost cell phones is thus imperative for a large fraction of children to remote learning, which some states are considering for the fall semester. A worrisome wave of acquisitions by telecom giants Lastly, due to certain aspects of the market, such as the high infrastructure costs of cell towers, prepaid phone carriers tend to reduce to one or two carriers in a geographic area.

Even more worrisome is that there has been a wave of acquisitions by the telecommunications giants over the past decade. All these mergers went unchallenged by the FCC. The FCC has clear discretion to block this merger. The agency has the authority and must use it.

Daniel A. Hanley is a policy analyst at the Open Markets Institute. You can follow him on Twitter danielahanley.]

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The Federal Communications Commission Fcc Lower The	3 days ago · As part of its continuing effort to reduce paperwork burdens, as required by the Paperwork Reduction Act (PRA) of , the Federal Communications Commission (FCC or the Commission) invites the general public and other Federal Agencies to take this opportunity to comment on the following information collection. (c) “Bureau” means the Enforcement Bureau of the Federal Communications Commission. (d) “CD Acct No.” means account number , associated with payment obligations described in paragraph 16 of this Consent Decree. (e) “Commission” and “FCC” mean the Federal Communications Commission and all of its bureaus and offices. 1 day ago · 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. With prepaid service, consumers pay for a set amount of cellular .
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