On Monday we reported that the European Union’s regulators approved the pending sale of Motorola Mobility to #google. Now, it looks like the United States Department of Justice has approved the pending merger as well. The DOJ has closed the antitrust investigation and released this statement saying the acquasition was “unlikely to substantially lessen competition.”
Typically withdrawing a lawsuit would be seen as a victory for the defendant but not in the case of the nations second largest wireless carrier AT&T. The Department of Justice is considering whether or not to halt or withdraw it’s lawsuit against AT&T and their proposed merger with T-Mobile, the nations fourth largest wireless carrier.
Last week we reported that the United States Department of Justice filed a lawsuit to block the proposed AT&T/T-Mobile merger. For the most part the DOJ’s suit said that the proposed merger would stifle competition and be unfair to consumers. In Today’s filing by Sprint they flat out call it illegal. Susan Z. Haller, Sprint’s
Most were shocked on Sunday March 20th when we heard that AT&T had offered to buy T-Mobile USA from Deutsche Telekom for $39 billion in cash and stock. Well we are hearing that the time has come and next Thursday (April 21) AT&T will be ready to submit their formal application to the Federal Communications