C
Chris Mills
Guest
View attachment 20553
When T-Mobile and Sprint finally made their merger official in April, after years of coquettish flirting, the big question instantly became whether the government would allow the merger to go ahead. Antitrust regulators aren't typically wild about horizontal mergers between two companies with significant market share, and as we've covered extensively before, there's a very real reason to believe that the T-Mobile Sprint merger will be terrible news for cell plan costs down the line.
According to Reuters, at least someone in the Justice Department (which oversees antitrust investigations) feels the same. The news agency reports that the Department of Justice is "probing the effect of a Sprint T-Mobile merger on wireless wholesale pricing." While that's a long way away from having an active investigation open -- and even that wouldn't necessarily mean that the government would sue to block a deal -- it is an indication that the DoJ has some concerns about the merger.
Continue reading...
BGR Top Deals:
Trending Right Now:
Report: Justice Department looking into the T-Mobile Sprint merger originally appeared on BGR.com on Thu, 7 Jun 2018 at 13:40:19 EDT. Please see our terms for use of feeds.
Via BRG - Boy Genius Report
When T-Mobile and Sprint finally made their merger official in April, after years of coquettish flirting, the big question instantly became whether the government would allow the merger to go ahead. Antitrust regulators aren't typically wild about horizontal mergers between two companies with significant market share, and as we've covered extensively before, there's a very real reason to believe that the T-Mobile Sprint merger will be terrible news for cell plan costs down the line.
According to Reuters, at least someone in the Justice Department (which oversees antitrust investigations) feels the same. The news agency reports that the Department of Justice is "probing the effect of a Sprint T-Mobile merger on wireless wholesale pricing." While that's a long way away from having an active investigation open -- and even that wouldn't necessarily mean that the government would sue to block a deal -- it is an indication that the DoJ has some concerns about the merger.
Continue reading...
BGR Top Deals:
- One $99 box can speed up your home internet and slash $120 off your cable bill
- Amazon’s offering a rare discount on the adapter that speeds up your Fire TV Stick or 4K Fire TV
Trending Right Now:
- NASA found something on Mars and it’s holding a press conference on Thursday to tell everyone
- iOS 12 tells us exactly how big the iPhone X Plus will be
- That Russian malware that infected over 500,000 devices is even worse than we thought
Report: Justice Department looking into the T-Mobile Sprint merger originally appeared on BGR.com on Thu, 7 Jun 2018 at 13:40:19 EDT. Please see our terms for use of feeds.
Via BRG - Boy Genius Report