Thursday, September 1, 2011

US gov't. files complaint to block AT&T, T-Mobile merger

The US Justice Department has sued to block AT&T's acquisition of T-Mobile, Bloomberg reports. A Washington, DC court filing charges that the absorption of T-Mobile would violate antitrust laws. "AT&T�s elimination of T-Mobile as an independent, low-priced rival would remove a significant competitive force from the market," the document reads....

Source: http://feeds.macnn.com/click.phdo?i=e712f8d1faa713b52d9eee130b4ee3ea

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