Two California state senators are pushing the California Public Utilities...
Two California state senators are pushing the California Public Utilities Commission to assert more control over mergers. “As we become more reliant on cell phones and digital technology for every day life, we need to ensure that all consumers --…
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especially underserved communities -- are protected,” said Sen. Kevin De Leon, a Democrat. The two and other officials and activists gathered in front of the state capitol Tuesday to protest TracFone’s acquisition of California-based Simple Mobile earlier this year, according to a release from the Two Countries One Voice coalition, concerned about Mexican mogul Carlos Slim’s ownership of TracFone. De Leon and fellow Democrat Sen. Ricardo Lara sent a letter to the CPUC calling for investigation of the TracFone merger. They also plan to introduce legislation to ensure “the CPUC has the authority and discretion to review all mergers,” the coalition said. The CPUC should have “proper government oversight and rigorous review,” De Leon said. Lara slammed “excessive charges” associated with phone calls in a statement.