T-Mobile’s merger hits another hurdle, the argument that it will prevent ‘future Apples’

0
32

Back in June, a number of state attorney generals plus the District of Columbia filed a lawsuit in New York seeking to block the formation of the New T-Mobile after its merger with Sprint. The argumentation is that the merger will raise prices by $4.5 billion a year or more in the longer run, despite T-Mobile’s pledge that it will freeze its pricing for three years after the deal closes.
Even though the last regulatory hurdle – the Department of Justice – signed off on the deal with the condition that Dish will buy Boost and form a fourth carrier, that AG lawsuit will …

Go to Source