Justice Dept. Files Antitrust Complaint Against AT&T and T-Mobile Merger 301
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!
+ 5000 jobs, - many more. (Score:5, Insightful)
My money is on a good deal more than 5000.
Hallelujah (Score:5, Insightful)
If I wanted AT&T as my service provider I would have subscribed to their service.
If you have to buy customers perhaps it's time to change ones business strategy.
Re:AT&T's Response (Score:5, Insightful)
Re:From the TFA (Score:4, Insightful)
It makes sense. Think about all the business that T-Mobile lost while this thing was pending. People did not renew, some people did not switch to T-Mobile due to the uncertainty, etc. If it DOESN'T go through, T-Mobile needs to be compensated for that loss.
Re:Yet more Slashdot hypocrisy (Score:4, Insightful)
Not all slashdotters believe the same thing. For instance I think libertarians are either woefully naive, liars, or morons. I applaud the government taking action to ensure the cellular service market does not become a duopoly.
Re:Well I think you're a fucking asshole (Score:2, Insightful)
I never made such a claim. Again you act as though as all slashdot posts come from one person.
The government is not coming for me, as far as I can tell, and if it did I would defend myself in court. Government is needed and all functional societies have one.
Re:+ 5000 jobs, - many more. (Score:4, Insightful)
Re:Well I think you're a fucking asshole (Score:2, Insightful)
I think you fall under his moron category. Three felonies a day? Give me a break. You have gone off the deep end.