A group of state attorneys general filed a lawsuit on Tuesday to block the proposed merger of T-Mobile US Inc. and Sprint Corp., a highly unusual challenge that comes as federal antitrust officials are still reviewing the more than $26 billion deal. The suit alleges that the union of the third- and fourth-largest wireless carriers in the U.S. would drive up prices for cellphone services. It was filed in the U.S. District Court for the Southern District of New York and was led by New York Attorney General Letitia James and...

Source: Wall Street Journal June 11, 2019 15:03 UTC