U.S. Sues to Stop AT&T Deal

《U.S. Sues to Stop AT&T Deal》由会员上传分享，免费在线阅读，更多相关内容在工程资料-天天文库。

1、U.S.SuestoStopAT&TDealByTHOMASCATANAndSPENCERE.ANTETheJusticeDepartmentonWednesdaysuedtoblockAT&TInc.'sproposed$39billiontakeoverofT-MobileUSA,asurprisinglyswiftmovethatdealtablowtoAT&T'sambitiontobuildthelargestU.S.cellphonecarrier.Thegovernmentsaidthecombinationofthesecond-an

2、dfourth-largestcellphonecompaniesintheU.S.wouldharmcompetitionandlikelyraisepricesforconsumers.ThedepartmentofjusticeisseekingtoblockAT&T'stakeoverofT-Mobile.DealJournal'sShiraOvidejoinsMarketsHubwithdetailsonhowthesuitcouldimpactthetelecommunicationssector.(Photo:APPhoto.)Thea

3、ntitrustchallengecamejustfivemonthsafterthedealwasannounced,catchingAT&Toffguard.TheDallas-basedcommunicationsgiantvowedtofighttopreserveitsprizedeal,settinguponeofthemostsignificantantitrustcourtbattlesinrecentyears.ViewInteractiveThelawsuitistheObamaadministration'sboldestant

4、itrustchallengetodateandthelatestevidenceofitsintentiontoreinvigorateenforcementafterwhatitsayswasalullduringthepreviousadministration.InMay,theJusticeDepartmentthreatenedtofileasuitblockingNasdaqOMXGroup'sproposed$11.3billionbidforNYSEEuronext,whichwouldhavejoinedthetwobiggest

5、stockexchangesintheU.S.Nasdaqsubsequentlydroppeditsbid.TheT-Mobileacquisition"wouldresultintensofmillionsofconsumersallacrosstheUnitedStatesfacinghigherprices,fewerchoicesandlowerqualityproductsformobilewirelessservices,"saidJamesCole,deputyattorneygeneral.AT&Tsaiditwas"surpris

6、edanddisappointed"bythesuit.Asrecentlyasthepastweek,AT&TgottheimpressionfromameetingwithJusticeDepartmentofficialsthatdiscussionshadalreadymovedbeyondthedealitselftopossibleremediesthatwouldsatisfythegovernment'sconcerns,saidonepersonfamiliarwiththematter.AT&Thadargueditwouldbe

7、abletouseT-Mobile'stowersandairwavestomorequicklyimprovewirelessservicequalityandexpandhigh-speedwirelessInternetserviceacrossmostoftheU.S.AT&Talsoarguedthatthedealwouldcreatejobsbyexpandingbroadbandaccess.ViewFullImageBloombergNewsT-MobileUSAchiefPhilippHumm,center,preparedtos

8、peakataSenateJudiciaryCommitteehearinginMayonthepropos