• Report: Justice Department Moves to Block AT&T, T-Mobile Merger

    by
    whitetigergrowl
    Published on 08-31-2011 12:34 PM
    3 Comments Comments
    The Department of Justice has moved to block AT&T's purchase of T-Mobile.

    The government sued to block the deal in a Washington, D.C. federal court, arguing that combining the two wireless companies will "substantially lessen competition" in the market. Ultimately, the agency wants the court to also find that AT&T purchasing T-Mobile would violate U.S. antitrust laws and hand down a court order blocking the deal.

    What do you think of this? Discuss here.

    More: PCMag | Bloomberg
    This article was originally published in forum thread: Report: Justice Department Moves to Block AT&T, T-Mobile Merger started by whitetigergrowl View original post
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    Comments 3 Comments
    1. Sam73065's Avatar
      Sam73065 - 08-31-2011, 12:46 PM
      Good to see the DOJ taking the right side this one time.
    1. bigdatl's Avatar
      bigdatl - 08-31-2011, 02:02 PM
      Once all of the palms are greased. The world will be right again in the land of mergers. Did I say that out loud!
    1. wizard8873's Avatar
      wizard8873 - 08-31-2011, 02:51 PM
      wooo, hope it gets stopped and that T-Mo uses that money to improve their network.