State AGs File Lawsuit To BlockT-Mobile-Sprint Merger, Saying It Violates Antitrust Laws

摘要

Attorneys general from nine states and the District of Columbia, led by New York and California, recently filed a lawsuit to stop the proposed merger of T-Mobile US, Inc., and Sprint Corp., claiming the deal violated antitrust laws. The lawsuit, filed June 11 in the U.S. District Court for the Southern District of New York, alleges that the proposed $26 billion merger would increase prices for wireless consumers and deprive them of the benefits of competition. In addition to New York and California, attorneys general in Colorado, Connecticut, D.C., Maryland, Michigan, Mississippi, Virginia, and Wisconsin signed onto the lawsuit seeking to enjoin the proposed acquisition of Sprint by T-Mobile and to "obtain equitable and other relief as appropriate."