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DoJ Puts the Brakes on AT&T's Merger with T-Mobile

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Daily Edge September 02, 2011
On the face of it, combining AT&T and T-Mobile is anti-competitive. It simply is hard to believe that reducing competition will lead to better services. The filing of the suit by the DoJ suggests that there is enough evidence to stop or drastically alter the deal. The Federal Communications Commission — which has had its own stop and go dealings with AT&T — also sees yellow lights. The deal is much further from completion today than it was at the beginning of the week. Read more >
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