US Justice Dept. moves to block AT&T-T-Mobile merger
The US Department of Justice moved to block the proposed $39 billion merger between AT&T and T-Mobile. In a civil anti-trust law the DOJ argued that the proposed merger would significantly damage competition in the wireless industry, especially since T-Mobile has historically offered low-cost wireless voice and data service for customers, and contended that any efficiency gained by combining the AT&T and T-Mobile spectrum would not be enough to offset the damages done to US consumers by further consolidating wireless industry. Shubha Ghosh, professor at the University of Wisconsin Law School and contributing editor at the Antitrust & Competition Policy Blog, talks about the merger, the lawsuit and the future of the wireless industry.