Diana Moss was quoted in the September 6, 2018 The Street story Blackstone, UnitedHealth Exercise Restraint; Critics Slam Sprint-T-Mobile Merger.
A tie-up between Sprint and T-Mobile would encourage collusion between the newly created entity and the nation’s two largest carriers: Verizon and AT&T . That’s according to the American Antitrust Institute, who’s president, Diana Moss, chatted with The Deal’s David Hatch about the problems with creating a third dominant player in the U.S. wireless game. “All remaining rivals would have the same market share,” Moss told Hatch. That’s a “setup for the firms’ losing their incentive to compete head-to-head” and instead following each other on rate increases and other business decisions, she explained.” While T-Mobile has said it would maintain its maverick style after acquiring Sprint, Moss isn’t buying it.