US Ready To Try $39B AT&T, T-Mobile Challenge: Holder

Law360, New York (November 8, 2011, 7:04 PM EST) -- Attorney General Eric Holder on Tuesday told lawmakers the Department of Justice is fully prepared to take its antitrust challenge to AT&T Inc.'s planned $39 billion acquisition of rival T-Mobile USA Inc. all the way to trial.

At a Senate Judiciary Committee hearing Tuesday, Holder said that the Antitrust Division is committed to "seeing this through," in response to concerns raised by Sen. Herb Kohl, D-Wis.

"The Justice Department does not file suits challenging proposed mergers unless we are prepared to follow them all the way...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.