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Department of Justice Sues to Block AT&T/T-Mobile Deal

Dept Justice FCC Says: AT&T Says: Deutsche Telekom: Comments 54

STATEMENT OF FCC CHAIRMAN JULIUS GENACHOWSKI

(Washington, D.C.) – FCC Chairman Julius Genachowski said, "By filing suit today, the Department of Justice has concluded that AT&T's acquisition of T-Mobile would substantially lessen competition in violation of the antitrust laws. Competition is an essential component of the FCC's statutory public interest analysis, and although our process is not complete, the record before this agency also raises serious concerns about the impact of the proposed transaction on competition. Vibrant competition in wireless services is vital to innovation, investment, economic growth and job creation, and to drive our global leadership in mobile. Competition fosters consumer benefits, including more choices, better service and lower prices."

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