Thread: U.S. Justice Dept. moves to block AT&T, T-Mobile merger
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Old 09-01-2011, 06:33 AM   #1
afa
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U.S. Justice Dept. moves to block AT&T, T-Mobile merger
Quote:
The U.S. government on Wednesday officially filed suit to block AT&T’s proposed $39 billion acquisition of T-Mobile.

The reason? The acquisition of America’s fourth-largest carrier by its second-largest would “substantially lessen competition” in the industry, violating U.S. antitrust law.
The full article, as well as the official complaint, are available here.
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