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Why the DOJ means business on AT & T and T-Mobile

Wed, 08/31/2011 - 8:55am
CNET

The U.S. Department of Justice filed a lawsuit in federal court today that could end the $39 billion merger between AT&T and T-Mobile USA.

AT&T to buy T-Mobile

The DOJ said in its filing that the proposed $39 billion transaction would substantially lessen competition in the wireless market, resulting in higher prices, poorer quality services, fewer choices, and fewer innovative products.

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