Today, the Justice Department announced that it is filing suit in federal court to block the proposed merger between AT&T and T-Mobile, saying that it violates Section 7 of the Clayton Act, which prohibits mergers that may "substantially lessen competition, or tend to create a monopoly."
Specifically, the DOJ was concerned with the effects of the consolidation on consumers and innovation, saying that the merger would likely lead to higher prices, poorer quality service, and less innovation and variety in wireless mobile products.
A National Market
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Today, the Justice Department announced that it is filing suit in federal court to block the proposed merger between AT&T and T-Mobile, saying that it violates Section 7 of the Clayton Act, which prohibits mergers that may "substantially lessen competition, or tend to create a monopoly."
Specifically, the DOJ was concerned with the effects of the consolidation on consumers and innovation, saying that the merger would likely lead to higher prices, poorer quality service, and less innovation and variety in wireless mobile products.
A National Market
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Today, the Justice Department announced that it is filing suit in federal court to block the proposed merger between AT&T and T-Mobile, saying that it violates Section 7 of the Clayton Act, which prohibits mergers that may "substantially lessen competition, or tend to create a monopoly."
Specifically, the DOJ was concerned with the effects of the consolidation on consumers and innovation, saying that the merger would likely lead to higher prices, poorer quality service, and less innovation and variety in wireless mobile products.
A National Market
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Today, the Justice Department announced that it is filing suit in federal court to block the proposed merger between AT&T and T-Mobile, saying that it violates Section 7 of the Clayton Act, which prohibits mergers that may "substantially lessen competition, or tend to create a monopoly."
Specifically, the DOJ was concerned with the effects of the consolidation on consumers and innovation, saying that the merger would likely lead to higher prices, poorer quality service, and less innovation and variety in wireless mobile products.
A National Market
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