From Cnn.com The U.S. Department of Justice filed an antitrust lawsuit on Wednesday seeking to block AT&T’s $39 billion merger with T-Mobile.
The merged companies would be the largest wireless company in the United States, combining AT&T’s 95 million customers with T-Mobile’s 34 million users. Along with Verizon Wireless, the merged companies would combine for more than two-thirds of the wireless market and account for 78% of the wireless industry’s revenue.
"The combination of AT&T and T-Mobile would result in tens of millions of consumers all across the United States facing higher prices, fewer choices and lower quality products for mobile wireless services," the Justice Department said in its announcement.
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I think this deal does need a great deal of scrutiny. From what I have heard from people, AT&T needs to drastically improve its customer service side.
This would in some ways make AT&T close to a monopoly as they were back in the 1960s and 1970s with land lines…