Justice Reaches Out and Smacks AT&T

September 2011
Multichannel News;9/5/2011, Vol. 32 Issue 33, p29
The article reports that the U.S. Department of Justice (DOJ) and the Federal Communications Commission (FCC) blocked the 39 billion dollar merger deal between AT&T and T-Mobile USA Inc. It says that DOJ filed an antitrust suit, stating that the merger would reduce competition, increase prices, and reduce service in the wireless market. Craig Moffett of Bernstein Research comments on the implications of the suit for the wireless industry.


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