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!

Comments

+ 5000 jobs, - many more.

[JustAnotherIdiot]

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.

Hallelujah

[Jeng]

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.

Re:AT&T's Response

[UnknowingFool]

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.