Greg’s Bite:AT&T/T-Mobile deal off?
By Greg Mills
The US Government has the authority to prevent mergers when anti-trust laws kick in. There is a lot of discretion at the Justice Department, and sometimes the government could step in but does not do so. Other times, they stop mergers as being “anti-competitive.” The AT&T merger with T-Mobile may be a situation where they think competition is best served by not allowing the biggest network to absorb the fourth largest network. The third largest network, Sprint, has been loudly screaming “monopoly” and working the political system to stop the merger.
Read More