FCC, DOJ To Improve Coordination On Telecom Deals

Law360, New York (August 6, 2010, 3:20 PM EDT) -- The Federal Communications Commission and U.S. Department of Justice antitrust officials are exploring how to better work together to regulate telecommunications divestitures, after both agencies sent Verizon Wireless conflicting messages related to its $28 billion acquisition of Alltel Corp.

FCC Chairman Julius Genachowski made the announcement Thursday, saying staff at the two agencies had already begun consultations on how to improve coordination. The DOJ and the FCC have overlapping jurisdiction for the review of proposed telecom mergers.

To approve Verizon's purchase of Alltel, antitrust regulators required...
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