U.S. Government Moving to Block AT&T's Acquisition of T-Mobile

Bloomberg reports that the U.S. government filed a complaint today seeking a court order to block AT&T's acquisition of T-Mobile. Antitrust concerns are at the heart of the complaint:
AT&T’s elimination of T-Mobile as an independent, low- priced rival would remove a significant competitive force from the market.
AT&T first announced its intent to acquire T-Mobile in March, stating that the merger would increase the company's network quality and expand the reach of its LTE capabilities.AT&T was the only carrier offering the iPhone in the U.S. from its release in 2007 until its exclusive agreement ended earlier this year when Verizon began offering the iPhone 4 in February.
Although T-Mobile has never been an official iPhone carrier in the U.S., the company claimed that over one million iPhones were running on its network earlier this summer. Just last week there were reports that T-Mobile USA would begin offering the iPhone 5 at its release, which is widely expected in October.
Top Rated Comments
(View all)http://www.bloomberg.com/news/2011-08-31/u-s-files-antitrust-complaint-to-block-proposed-at-t-t-mobile-merger.html
http://www.engadget.com/2011/08/31/us-government-files-to-block-propsed-atandt-t-mobile-merger/
Discuss!
Is this becoming a new thing now on this forum,
1. Start a new thread
2. Post some links
3. Followed by the word "Discuss" and nothing else.
I've been noticing this more and more and I'm puzzled as to why.
I was truly afraid the DOJ wouldn't have the balls to step in, so I'm absolutely, and pleasantly surprised.
GET 'EM BOYS!
Ah. So basically given the choice, you would screw over about 1/3 of your fellow Americans so that you can make a few hundred dollars profit?
Sounds like you and AT&T are a match made in heaven.
How is his attitude any different than those that own stock in Apple and make silly comments? ;)
[ Read All Comments ]

Accessory maker Moshi has released a new ultra-thin plastic shell protective case for the 11" and 13" MacBook Air models. This type of plastic case tends to be especially popular among...
Blizzard Entertainment said this week that it sold more than 3.5 million copies of Diablo III on launch day, setting the record for fastest-selling PC game. The company also sold 1.2 million copies...
Hard drive maker Seagate has announced it will purchase data storage device maker LaCie for roughly $186 million.
The company plans to buy the controlling stake owned by Philippe Spruch,...
Intuit has upgraded the iOS app for its Mint personal finance tool with two new "most-requested" features that should keep users from ever having to go to the Mint.com website. Until now,...