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AT&T/T-Mobile Merger 'Not In the Public Interest'

Posted by Soulskill on from the better-luck-next-time dept.

jfruhlinger writes "AT&T's plan to merge with T-Mobile just hit a pretty big snag. The FCC declared the merger would be anti-competitive and not in the public interest." According to the NY Times, the FCC seeks to hold a hearing before an administrative law judge in which the burden would be upon AT&T to prove the deal isn't anti-competitive.

1 of 190 comments (clear)

  1. Re:The SEC matters, not the FCC... by Martin+Blank · · Score: 5, Informative

    The FCC's input in this is important, since its approval is required by law.

    The odds of the merger happening have dropped dramatically, though I think they were less than even before this.

    --
    You can never go home again... but I guess you can shop there.