T-Mobile/Sprint deal is good actually, Feds tell court in states’ lawsuit
In a Dec 20 court filing, the Department of Justice and the Federal Communications Commission argued that T-Mobile's purchase of Sprint is in the best interest of the US, and any nationwide injunction holding up the merger would block "substantial, long-term, and procompetitive benefits for American consumers." The argument, in large part, boils down to: trust us, we're the experts. "Both the Antitrust Division and the FCC have significant experience and expertise in analyzing these types of transactions and do so from a nationwide perspective," the agencies write.