DOJ Staffers Think T-Mobile's Merger Benefit Claims Are Nonsense

DOJ Staffers Think T-Mobile's Merger Benefit Claims Are Nonsense

5 years ago
Anonymous $9jpehmcKty

https://www.techdirt.com/articles/20190522/09592642261/doj-staffers-think-t-mobiles-merger-benefit-claims-are-nonsense.shtml

While the FCC announced this week it would unsurprisingly be a rubber stamp for Sprint and T-Mobile's proposed $26 billion merger, the DOJ still isn't buying the companies' claims that further consolidation of the wireless sector will be wonderful for competition and American consumers. Reports this week surfaced that DOJ staffers were still recommending that the agency block the $25 billion merger, based on fears that the deal would reduce market competition and likely result in higher prices overall:

"The U.S. Justice Department’s antitrust division staff has recommended the agency file a lawsuit to block T-Mobile US’s $26 billion acquisition of smaller rival Sprint, according to two sources familiar with the matter. The final decision on whether to allow two of the four nationwide wireless carriers to merge now lies with political appointees at the department, headed by antitrust division chief Makan Delrahim."

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