FCCHoward Chang, David Evans, Richard Schmalensee, Oct 31, 2011
AT&T’s proposed $39 billion acquisition of T-Mobile faces two major court challenges: the Justice Department’s suit to block the deal and Sprint’s private suit. The Federal Communications Commission (“FCC”), which has overlapping jurisdiction in reviewing the transaction, has also expressed concerns. Addressing the Justice Department’s concerns, either via a settlement or in court, will likel
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