Tuesday, June 11, 2019

Nine states and Washington D.C. file suit to block T-Mobile-Sprint merger

It has been one step forward, two steps back for the $26.5 billion T-Mobile-Sprint merger. Last month, FCC Chairman Ajit Pai recommended that the deal be approved, but the Department of Justice has yet to make a decision. Amid rumors that the DOJ wants T-Mobile and Sprint to help set up a new competitor in return for approval, Pai allegedly met with DOJ antitrust chief Makan Delrahim on Friday to try to persuade him to approve the deal.
And now, according to Bloomberg, state attorneys general from nine states and the District of Columbia (all Democrats) filed a lawsuit …
Nine states and Washington D.C. file suit to block T-Mobile-Sprint merger syndicated from https://bestpricesmartphoneweb.wordpress.com

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