AT&T Fires Back at DOJ Over T-Mobile Merger

AT&T Inc. fired back at the Justice Department, saying its $39 billion takeover of T-Mobile USA would usher in more competition, improve wireless service and lead to lower prices.

The comments, filed in federal court in Washington, D.C., Friday, are AT&T’s first formal reply to the government’s effort to block the deal. At the heart of the rebuttal is the notion that T-Mobile USA is too weak to be an effective competitor and its removal from the market wouldn’t harm consumers.

Here. Consumer protections have a funny way of morphing into protection for established firms. I’d rather take my chances with the millions of decentralized choices in the marketplace instead of few centralized decisions by government bureaucrats.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s