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AT&T Businesses Government News

Justice Dept. Files Antitrust Complaint Against AT&T and T-Mobile Merger 301

Posted by Unknown Lamer
from the but-ma-was-so-close-to-being-rebuilt dept.
Hitting the front page for the first time, AngryDeuce writes with a piece of exciting news hot off the news wire. From the article: "The Justice Department is blocking AT&T's $39 billion deal to buy T-Mobile USA, saying the acquisition of the No. 4 wireless carrier in the country by No. 2 AT&T would reduce competition and raise prices. The deal has faced tough opposition from consumer groups and No. 3 carrier Sprint since it was announced in March." The DOJ has released a full statement on their decision to file the antitrust suit, and AT&T has drafted a response. So much for AT&T's paltry promise of bringing 5000 unskilled call center jobs back to the U.S. if the merger were approved. Competition may yet live!
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Justice Dept. Files Antitrust Complaint Against AT&T and T-Mobile Merger

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