Justice Dept. Files Antitrust Complaint Against AT&T and T-Mobile Merger
Hitting the front page for the first time, AngryDeuce writes with a piece of exciting news hot off the news wire. From the article: "The Justice Department is blocking AT&T's $39 billion deal to buy T-Mobile USA, saying the acquisition of the No. 4 wireless carrier in the country by No. 2 AT&T would reduce competition and raise prices. The deal has faced tough opposition from consumer groups and No. 3 carrier Sprint since it was announced in March."
The DOJ has released a full statement on their decision to file the antitrust suit, and AT&T has drafted a response. So much for AT&T's paltry promise of bringing 5000 unskilled call center jobs back to the U.S. if the merger were approved. Competition may yet live!
Sure, they'd hire 5000 new people, but how many would they fire from T-mobile in the process?
My money is on a good deal more than 5000.
What do I know, I'm just an idiot, right?
If I wanted AT&T as my service provider I would have subscribed to their service.
If you have to buy customers perhaps it's time to change ones business strategy.
Don't know something? Look it up. Still don't know? Then ask.
AT&T doublespeak. Yes they met with the DoJ and the DoJ gave no indication that they would block the ruling. However it most likely the DoJ had not formed an opinion until after reviewing the implications and AT&T's documents. Or that the DoJ probably wanted to block it from the beginning but prudence would dictate they hear from AT&T first. If they hadn't met with AT&T, then the company would complain that they were being treated unfairly.
Well, there's spam egg sausage and spam, that's not got much spam in it.
It makes sense. Think about all the business that T-Mobile lost while this thing was pending. People did not renew, some people did not switch to T-Mobile due to the uncertainty, etc. If it DOESN'T go through, T-Mobile needs to be compensated for that loss.
Not all slashdotters believe the same thing. For instance I think libertarians are either woefully naive, liars, or morons. I applaud the government taking action to ensure the cellular service market does not become a duopoly.
I never made such a claim. Again you act as though as all slashdot posts come from one person.
The government is not coming for me, as far as I can tell, and if it did I would defend myself in court. Government is needed and all functional societies have one.
I think you fall under his moron category. Three felonies a day? Give me a break. You have gone off the deep end.
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