Justice Department staff had urged rejection of Sprint-T-Mobile merger

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Justice Department staff reviewing the proposed merger of T-Mobile and Sprint had recommended that the U.S. government sue to block the $26 billion deal. The recommendation came before the two companies offered a set of concessions this week.

The decision rests with Makan Delrahim, the assistant attorney general for the Justice Department's anti-trust division. By Tony Romm Tony Romm Staff writer covering technology policy Email Bio Follow May 22 at 3:51 PM Justice Department staff members who’ve have been reviewing the proposed merger of T-Mobile and Sprint had recommended that the U.S.

Despite the recommendation, a decision to bring such a case has not been made. That authority rests with the DOJ’s top antitrust official, Makan Delrahim. A spokesman for DOJ declined to comment. Both the Justice Department and the FCC have been reviewing the proposed merger between T-Mobile, operated by Germany’s Deutsche Telekom, and Sprint, run by the Japanese conglomerate SoftBank, since the companies announced their plans in April 2018. The wireless carriers have argued that their combination would allow them to keep pace with their larger competitors, AT&T and Verizon.

 

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Wait what GOP did not get paid?

DOJ staff attorneys are as corrupted as FBI

So T-Mobile wasted all that $$$ they paid to Trump?

But Tmobile spent all those $$$$ at trump hotel

The Anti Justice Department that is blocking any attempts to hold the Presidunce of the United States responsible for anything now wants to rule against a merger between to companies trying to follow the capitalistic ways of our country that even Trump raves about. YA RIGHT!

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Analysis | The Technology 202: Democrats criticize FCC's green light on Sprint and T-Mobile mergerThe Technology 202: Democrats criticize FCC's green light on Sprint and T-Mobile merger The FCC at least has a green light. When can we see the Democrats Lie, I mean Light? Fishy. Why? Is he/they getting money from those who would compete with the merger. Why is Bernie anti competition? Something doesn't smell right.
Источник: washingtonpost - 🏆 95. / 72 Прочитайте больше »

Rift emerges between federal agencies reviewing the Sprint and T-Mobile mergerA merger between T-Mobile and Sprint, the nation's third- and fourth-largest wireless carriers, entered uncertain legal territory this week, after the two federal agencies reviewing the $26 billion deal appeared to split in their thinking about the transaction.
Источник: washingtonpost - 🏆 95. / 72 Прочитайте больше »

Opinion | Blessing the T-Mobile-Sprint MergerOpinion: By joining forces, T-Mobile and Sprint will be better positioned to compete against wireless leaders Verizon and AT&T in the 5G era I’m pretty happy with my TMobile service as it is. I guess you’re saying fewer choices is best? Should ATT, Verizon and TMobile/Sprint “join forces” next? Where does the logic end exactly? Not exactly sure how the customer benefits. Same thing with airline mergers, prices have not been coming down with mergers. Whoever wrote this should go take high school economics. Even in markets that are in secular decline, competition shrinks and the remaining players go for margin by keeping prices as high as possible.
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »

FCC Chairman Recommends Approval of T-Mobile-Sprint MergerFCC Chairman Ajit Pai said he would back the $26 billion combination of cellphone carriers T-Mobile US and Sprint after the companies agreed to a package of concessions. And the moon is made of cheese ! The gummint needs to get out of picking winners and losers; not smart enough and unintended consequences win every time.
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »

Sprint shares swing wildly as regulators send mixed messages on T-Mobile mergerSprint shares were briefly halted Monday after the company received mixed signals from different federal agencies about its proposed merger.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »