T-Mobile-Sprint Deal Runs into Resistance from DOJ Antitrust Staff
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Re: T-Mobile-Sprint Deal Runs into Resistance from DOJ Antitrust Staff
#2That's unexpected. Given all the mergers that seemed clearly bad for consumers lately, I figured the current administration was basically "rubber stamping" everything.
Re: T-Mobile-Sprint Deal Runs into Resistance from DOJ Antitrust Staff
#3That's unexpected. Given all the mergers that seemed clearly bad for consumers lately, I figured the current administration was basically "rubber stamping" everything.
The DOJ blocked the T-Mobile-ATT merger a few years back. That turned out to be really good for consumers as T-Mobile afterward introduced a lot of really nice initiatives.
Re: T-Mobile-Sprint Deal Runs into Resistance from DOJ Antitrust Staff
#4That's unexpected. Given all the mergers that seemed clearly bad for consumers lately, I figured the current administration was basically "rubber stamping" everything.
The DOJ blocked the T-Mobile-ATT merger a few years back. That turned out to be really good for consumers as T-Mobile afterward introduced a lot of really nice initiatives.
There’s no way for us to know if that was better for consumers than a merger.
Re: T-Mobile-Sprint Deal Runs into Resistance from DOJ Antitrust Staff
#5Earlier quoted context omitted.
The DOJ blocked the T-Mobile-ATT merger a few years back. That turned out to be really good for consumers as T-Mobile afterward introduced a lot of really nice initiatives.
There’s no way for us to know if that was better for consumers than a merger.
Yeah, and I am tiger proof.
Re: T-Mobile-Sprint Deal Runs into Resistance from DOJ Antitrust Staff
#6That's unexpected. Given all the mergers that seemed clearly bad for consumers lately, I figured the current administration was basically "rubber stamping" everything.
The DOJ blocked the T-Mobile-ATT merger a few years back. That turned out to be really good for consumers as T-Mobile afterward introduced a lot of really nice initiatives.
Yes but T-Mobile ATT is not the same as T-Mobile Sprint. letting number 3 and 4 merge is not the same as letting a top 2 eat a smaller competitor. Compared to, say, Disney-Fox this is not so dangerous for consumers most likely.
Re: T-Mobile-Sprint Deal Runs into Resistance from DOJ Antitrust Staff
#7That's unexpected. Given all the mergers that seemed clearly bad for consumers lately, I figured the current administration was basically "rubber stamping" everything.
The article was clearly careful to attribute this to "DoJ staff". Barr is new to the job, quite busy with (heh) other business at the moment, and the antitrust division is hardly going to be near the top of any AG's priority list.
Add to that the Journal's current editorial bent and I read this as an attempt to get Barr's attention to overrule the bureaucrats, frankly.
Re: T-Mobile-Sprint Deal Runs into Resistance from DOJ Antitrust Staff
#8Earlier quoted context omitted.
The DOJ blocked the T-Mobile-ATT merger a few years back. That turned out to be really good for consumers as T-Mobile afterward introduced a lot of really nice initiatives.
There’s no way for us to know if that was better for consumers than a merger.
There's also no way for us to know if you're a human or an actual rattle snake that has developed human-like intelligence and wishes to communicate with us via the internet.
Re: T-Mobile-Sprint Deal Runs into Resistance from DOJ Antitrust Staff
#9That's unexpected. Given all the mergers that seemed clearly bad for consumers lately, I figured the current administration was basically "rubber stamping" everything.
The DOJ blocked the T-Mobile-ATT merger a few years back. That turned out to be really good for consumers as T-Mobile afterward introduced a lot of really nice initiatives.
They should have investigated the ATT->Cingular->ATT re-acquisition because the whole divestiture and reacquire scheme made no sense when cellular was clearly a growth industry a telecoms company would want in on. It had to be a scheme to hide something nasty on the books that conveniently disappeared in the shuffle.
Re: T-Mobile-Sprint Deal Runs into Resistance from DOJ Antitrust Staff
#10That's unexpected. Given all the mergers that seemed clearly bad for consumers lately, I figured the current administration was basically "rubber stamping" everything.
The DOJ blocked the T-Mobile-ATT merger a few years back. That turned out to be really good for consumers as T-Mobile afterward introduced a lot of really nice initiatives.
The AT&T/T-Mobile merger is a bit of a weird case. The breakup fee was substantial at about $6B (half in cash, half in spectrum). Without that additional spectrum, T-Mobile would have had a hard time launching an LTE network. The combination of the breakup fee and the merger with MetroPCS left T-Mobile with a decent amount of new spectrum to deploy LTE on. Without the breakup fee, T-Mobile's future was a lot more dim. In some ways, I think regulators would have been more likely to approve it without the breakup fee.
The case was basically "T-Mobile doesn't have enough spectrum for LTE...you know, unless you deny this merger in which case we have to give them the spectrum they need."
It certainly turned out well for consumers, but part of the reason behind that is that T-Mobile was literally thrown new cards via the breakup fee. Their hand was really bad before that.