T-Mobile/Sprint merger ruling will make it harder for states to challenge future deals, DOJ antitrust chief says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

T-Mobile/Sprint merger ruling makes it harder for states to challenge future deals: DOJ antitrust chief

In his decision, Judge Victor Marrero wrote, "The resulting stalemate leaves the Court lacking sufficiently impartial and objective ground on which to rely in basing a sound forecast of the likely competitive effects of a merger."and has also raised fears of a chilling effect on state actions. New York Attorney General Letitia James, who helped lead the states' effort, said Sunday she would not move forward with an appeal.

Still, he acknowledged that "the bar is going to be high whether or not the states go down this route" in the future.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

So now T Mobil AND SPRINT WILL. BE THE MOST HATED!!!!!!!!!!!

But it’s not going to weaken competition. sprint wasn’t competing with anyone. They all charge ridiculous rates for built in add-ons that most people don’t need. This merger will have almost zero impact on the market.

Yo y'all might have wanted to mention that Delrahim personally intervened to get this merger approved, that seems like kind of important context guys

swaps out parts in modular device. mmm

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines