Last updated: February 21, 2008 - 3:14am
JUDGE REBUFFS INTERVENERS IN REVIEW OF MEGA MERGERS
[SOURCE: Technology Daily 7/25, AUTHOR: Sarah Lai Stirland]
Federal Judge Emmet Sullivan of the District of Columbia temporarily rebuffed several parties that sought to derail the Bush administration's antitrust settlement with two sets of local telecommunications companies in their mergers with long-distance providers. The American Antitrust Institute, the National Association of State Utility Consumer Advocates, the New Jersey Division of Rate Council, New York Attorney General Eliot Spitzer and Sprint Nextel all had sought to intervene in the judicial review of the mergers. The Justice Department settled the antitrust complaint it had filed against AT&T and MCI in their mergers with SBC Communications and Verizon Communications, respectively. The groups had offered input from expert witnesses after the judge in a July 12 hearing asked where the public-interest groups were and why he had not been offered any independent experts to confirm Justice's findings in the settlement. The groups oppose the settlement in its current form, which requires the new AT&T and Verizon to provide competitive access to certain buildings in several markets and to divest of certain assets. Judge Sullivan asked the utilities' group, Spitzer and Sprint Nextel to file friend-of-the-court briefs. He said he would take the rest of the requests "under advisement" and would "disfavor" any additional requests because of time constraints.
http://www.njtelecomupdate.com/lenya/telco/live/tb-AWJF1153939195365.html
Related
- Antitrust Group Offers Experts To Court In Review Of Mergers
- Judge Looks Into Modifying Terms of 2 Phone Mergers
- Judge Asks for FCC Merger Orders
- Judge Balks at Closure of AT&T, Verizon Mergers
- Court To Hear From Bell Rivals
- Judge plans to review AT&T, Verizon deals
- Senate Judiciary Panel Eyes Telecom Proposal
- No 'rubber stamp' on telecom mergers, judge says
- Feds Defend approval of Telecom Megamergers
- Sen. Tunney still Shining the Light on Antitrust Enforcement
- Judge Threatens Comcast, NBCU Merger Delay
- AT&T, Justice agree to postpone case as companies scramble to salvage deal
- AT&T Antitrust Hearing May Offer Settlement Clues
- Restrained Fight Expected On Cable Cap
- Judge approves Qwest-CenturyLink class-action settlement
Ratings
Login to rate this headline.

