AT&T Rips DOJ's 'Anti-Competitive' Merger-Blocking Suit

Law360, New York (September 9, 2011, 6:50 PM EDT) -- AT&T Inc. and T-Mobile USA Inc. defended their proposed $39 billion merger in Washington federal court Friday, saying the move would be good for consumers and claiming the U.S. Department of Justice's suit aiming to block the merger is itself anti-competitive.

The wireless carriers' response blasted the DOJ's antitrust suit, which was filed in August against the two companies and seeks to stop AT&T from purchasing T-Mobile. The department claims the move, which would reduce the number of national carriers from four to three, would mean...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.