U.S. Justice Department and FCC fight state effort to block merger of Sprint, T-Mobile

  • 📰 Reuters
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 97%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

The U.S. Justice Department and Federal Communications Commission filed in court...

A group of state attorneys general has asked a judge to stop the $26 billion deal, saying it would lead to higher prices for customers. The case is being heard in federal court in New York and could wrap up on Friday.

In their filing, the Justice Department and FCC argued that if the states, led by New York and California, succeed in killing the deal the end result will be that rural areas of the United States will be slower to get access to 5G, the next generation of wireless. “Specifically, T-Mobile has committed to providing 5G coverage to 85% of the rural population within threeThe Justice Department approved the merger in July after the carriers agreed to sell some assets to satellite provider Dish. The FCC formally approved the merger in October.

The agencies also noted that 13 states and the District of Columbia have sought to kill the planned merger, and said that the deal struck with Dish constitutes “substantial relief.” They also say that 10 states have signed on to the Justice Department’s decision to approve the merger, while three more made public statements backing it.Our Standards:

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

nothing but respect for our pro-trust trustbusters

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dish chief Ergen says he asked for senator's help on T-Mobile/SprintDish Network Corp Chairman Charlie Ergen testified on Wednesday that the Justice... Well that’s a problem. Who's the senator?
Source: Reuters - 🏆 2. / 97 Read more »

Live Nation, Justice Department Reach Agreement Over Antitrust ClaimsLive Nation Entertainment has reached an agreement with the Justice Department to extend restrictions that were placed on its 2010 merger with Ticketmaster, including a provision that prohibits ret…
Source: DEADLINE - 🏆 109. / 63 Read more »

A sheriff is accused of beating three people in his custody, including two who were shackledAn Arkansas sheriff has been charged with federal civil rights offenses after allegedly assaulting three detainees, according to the US Department of Justice Trump will pardon him, sorry.. would have pardoned him. Feared for his life... Make his crime famous! twitter
Source: CNN - 🏆 4. / 95 Read more »

Live Nation settles with Justice Department, avoiding skirmish over ticketing practicesLive Nation said it has reached a deal with the Justice Department to clarify a 2010 decree that ensures fair competition in the ticketing marketplace.
Source: latimes - 🏆 11. / 82 Read more »