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Submitted: September 12, 2011 - 4:24pm
Originally published: September 12, 2011
Last updated: September 12, 2011 - 4:45pm
Originally published: September 12, 2011
Last updated: September 12, 2011 - 4:45pm
Source:
Hill, The
Author:
Gautham Nagesh
Location:
Capitol Building, East Capitol Street, NE and 1st Street, NE, Washington, DC, 20002, United States
Rep. John Yarmuth (D-KY) wrote to Federal Communications Commission chairman Julius Genachowski asking the FCC hold off on completing its own review of AT&T's proposed acquisition of T-Mobile USA until a federal court rules on the Justice Department's lawsuit to block the deal.
"While I do not believe it is the appropriate role of a Member of Congress to encourage the approval or disapproval of a particular merger, I believe it is in the interest of our economy to allow the Department of Justice and AT&T time to reach a possible settlement that balances the concerns about competition in the wireless market with the potential benefits of job creation and capital investment," Rep Yarmuth wrote.
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