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December 24, 2019 12:10 am

T-Mobile/Sprint Deal Is Good Actually, Feds Tell Court In States' Lawsuit

An anonymous reader quotes a report from Ars Technica: Federal regulators that want to let T-Mobile complete its acquisition of rival wireless carrier Sprint are pushing back on a collective effort by some states to block the deal. The $26 billion transaction was subject to federal approval by both the Department of Justice and the Federal Communications Commission. The agencies both blessed the deal, with the DOJ reaching a settlement in July and the FCC granting a green light in October. The deal also requires approval by regulators in several states, however. While about a dozen have in some way approved the deal or signaled support for the federal settlements, attorneys general representing 13 states and the District of Columbia filed suit to block the merger. The FCC and DOJ on Friday submitted a filing [400-page PDF] in that case arguing that the deal is in the best interest of the U.S., and any nationwide injunction holding up the merger would block "substantial, long-term, and procompetitive benefits for American consumers." The argument, in large part, boils down to: trust us, we're the experts. "Both the Antitrust Division and the FCC have significant experience and expertise in analyzing these types of transactions and do so from a nationwide perspective," the agencies write. "Thus, their conclusions that the merger as remedied is in the public interest deserve appropriate weight in this remedy inquiry by this honorable court."

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