U.S. sues to block AT&T’s purchase of T-Mobile

The U.S. government is suing to block AT&T’s proposed $39 billion purchase of T-Mobile USA, on the grounds that it would “substantially lessen competition” in the wireless market, the Justice Department announced minutes ago. “AT&T’s elimination of T-Mobile as an independent, low- priced rival would remove a significant competitive force from the market,” the government

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U.S. sues to block AT&T’s purchase of T-Mobile

Posted by on August 31, 2011. Filed under News, Trending News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.