A proposed merger between AT&T and T-Mobile is being challenged in court by antitrust regulators in the U.S. Department of Justice.
It is not only opposition from T-Mobile customers that AT&T faces in its plan to merge with T-Mobile. The United States Department of Justice has filed an antitrust lawsuit on the grounds that the merger of the nation's second-largest wireless provider with the fourth-largest would hinder competition and cause consumer prices to rise.
A proposed merger between communications giant AT&T and rival company T-Mobile is being challenged by antitrust regulators. The U.S. Department of Justice has filed a lawsuit attempting to block the $39 billion dollar merger between the two companies.
Communications giant AT&T is engaged in talks to purchase rival provider T-Mobile to the outrage of some of its customers who have joined in a class action lawsuit to stop the merger. In an attempt to end arbitration claims made by the group of eight customers, AT&T has filed lawsuits seeking injunctions against the customers alleging abusive actions.
AT&T Inc's proposal for the acquisition of T-Mobile USA, a $39 billion merger, has led to pressure on antitrust regulators to quash the plan.