Kudos to the States Suing to Block Sprint/T-Mobile Merger

On June 11, New York attorney general Letitia James announced that New York, California, and seven other states filed a lawsuit seeking to block the proposed merger between Sprint and T-Mobile. Photo: Drew Angerer/Getty Images As of two years ago, the Trump administration was officially very concerned about the anti-competitive effects of telecommunications mergers, with the president repeatedly instructing his appointees to fight the merger of AT&T and Time Warner.

I was a skeptic of the AT&T/Time Warner deal, and I think the case against this one is even clearer and stronger. There was a plausible but complex argument that the vertical integration of AT&T with a content company like Time Warner would create unfair competitive advantages.

Several state attorneys general are not waiting for the DOJ to decide; they are suing to block the merger on antitrust grounds.

jbarro questions in response to your article: wasn’t t-mobile paid a large sum for the failed att deal? wouldn’t waiting for 5g before a merger approval give att and verizon an unfair advantage?

jbarro All good policy going forward will be made at the state level.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Ten States Seek to Block T-Mobile, Sprint MergerA group of 10 state attorneys general plan to sue T-Mobile and Sprint to block their merger, according to people familiar with the matter, adding another complication to an already unusual antitrust review. Good. Mega corporations are not good for the consumer. Good. Having been an employee of both companies in the past, and a customer of TMo for almost a decade...I do not want them to merge. I worked for Sprint during their NexTel merge...they sucked before AND after.
Sumber: WSJ - 🏆 98. / 63 Baca lebih lajut »

States Sue To Block Sprint T-Mobile Merger, Putting Deal In Jeopardy
Sumber: Forbes - 🏆 394. / 53 Baca lebih lajut »