Sen. Lee Letter on Possible T-Mobile/Sprint Merger
Yesterday, Sen. Mike Lee (R-UT) sent a letter to the Department of Justice and Federal Communications Commission highlighting testimony presented at the June 27, 2018, hearing on the proposed T-Mobile US and Sprint merger. The letter draws the agencies’ attention to important issues raised by witnesses appearing at the hearing, including the resulting increase in market concentration in the wireless telecommunications industry, and the potential for the merger to create a more competitive wireless carrier. In particular, the letter addresses the potential for significant efficiencies that would benefit consumers.
The letter reads, in part:
“Perhaps the key argument the parties have made in support of their proposed transaction is that by combining their particular spectrum and infrastructure assets, the merger will increase the combined firm’s capacity. According to T-Mobile and Sprint, this resulting expansion in capacity would provide the merged firm with incentives to lower prices to attract customers. Such efficiency claims, if supported by verifiable evidence, suggest the merger could, on the whole, benefit, rather than harm, consumers. However, I recognize that merging parties are often unable to provide evidence supporting such claims, as Sprint itself alleged in its challenge to AT&T’s earlier attempt to acquire T-Mobile.”
Full letter text and an online version of this release can be found here.
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• Buggy accidents
Collisions involving automobile and horse-drawn buggies are not uncommon on the narrow roads of Lancaster County, Pa., the destination of 8
million visitors annually. To reduce the frequency of incidents, Lancaster General Health and local partners have started giving tourists road tips. “Often, drivers don’t know what to do when they encounter a buggy,” says emergency-medicine physician Michael Reihart of Lancaster General Health. “I’ve lived here most of my life, and no one taught me how to safely drive around buggies.” LG Health is part of the University of Pennsylvania Health System. (EDITORS: additional information)
• Food photos
If you want junk food (or any food for that matter) to look appetizing in a photograph, pay attention to color and composition. Researchers at the University of Pennsylvania's Annenberg School for Communication found, for example, that arousing colors like red and orange made a photo more likeable as did visual complexity such as a variety of types of food. (EDITORS: additional information)
• Mental health in cities
New research indicates that urban dwellers living within a quarter mile of greened lots had a 42 percent decrease in feelings of depression and 63 percent decrease in self-reported “poor mental health” compared to those who lived near lots that received no intervention. Results were most
pronounced when looking at neighborhoods below the poverty line, showing that greening is one affordable way to address persistent socioeconomic disparities in mental illness. The research was done at the University of Pennsylvania
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With August being Child Support Awareness Month and the U.S. having the seventh highest child poverty rate among economically developed countries, the personal-finance website WalletHub today released its report on 2018’s States with the Most Underprivileged Children as well as accompanying videos.
In order to bring awareness to the condition of underprivileged children throughout the U.S., WalletHub compared the 50 states and the District of Columbia across 24 key measures of neediness. The data set ranges from share of children in households with below-poverty income to child food-insecurity rate to share of maltreated children.
States with the Most Underprivileged Kids
1
Mississippi
11
Alabama
2
New Mexico
12
Oregon
3
Nevada
13
Kentucky
4
Alaska
14
Georgia
5
District of Columbia
15
Tennessee
6
Louisiana
16
Florida
7
West Virginia
17
South Carolina
8
Arkansas
18
Indiana
9
Arizona
19
Montana
10
Oklahoma
20
Michigan
Key Stats
To view the full report and your state or the District’s rank, please visit:
https://wallethub.com/edu/best-worst-states-underprivileged-children/5403/
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