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Wednesday, August 31, 2011

Obama administration sues to block AT&T – T-Mobile merger

◼ The U.S. government sued to block AT&T’s proposed $39 billion acquisition of T-Mobile USA Inc., saying the deal would “substantially lessen competition” in the wireless market.

The Justice Department complaint was filed today in federal court in Washington. The U.S. is seeking a declaration that Dallas-based AT&T’s takeover of T-Mobile, a unit of Deutsche Telekom AG (DTE), would violate U.S. antitrust law and a court order blocking any arrangement implementing the deal.
- HotAir
◼ U.S. Files Antitrust Complaint to Block AT&T, T-Mobile Merger

The case is U.S. v. AT&T Inc., 11-01560, U.S. District Court for the District of Columbia (Washington).
at 9:24 AM
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