Antitrust & Trade Reg.
Sep. 2, 2011
Many firsts in U.S. bid to block AT&T merger
If the Department of Justice is successful in blocking AT&T's merger with T-Mobile, the Texas-based company stands to lose $3 billion and take the record for the largest reverse break up fee paid in history.
Daily Journal Staff Writer
If the Department of Justice is successful in blocking AT&T's merger with T-Mobile, the Texas-based company stands to lose $3 billion and take the record for the largest reverse breakup fee paid in history.
In a civil antitrust lawsuit filed Wednesday, the DOJ said the proposed merger would lessen competition in the mobile communications industry, leading to higher prices, poorer quali...
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