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August 31, 2011 07:04 pm GMT
Reports from Bloomberg and the WSJ this morning say that the United States Justice Department is looking to block AT&T's proposed $39 billion acquisition of T-Mobile on antitrust grounds.According to the Bloomberg report, the Justice Department filed its complaint in federal court, which included the following excerpt:
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/rjwibThlXxY/
Reports: US Justice Department Looks To Block AT&Ts Acquisition Of T-Mobile
Reports from Bloomberg and the WSJ this morning say that the United States Justice Department is looking to block AT&T's proposed $39 billion acquisition of T-Mobile on antitrust grounds.According to the Bloomberg report, the Justice Department filed its complaint in federal court, which included the following excerpt:"AT&Ts elimination of T-Mobile as an independent, low- priced rival would remove a significant competitive force from the market."
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/rjwibThlXxY/
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