T-Mobile must face private antitrust lawsuit over $26 bln Sprint deal: US judge, ET Telecom - News Summed Up

T-Mobile must face private antitrust lawsuit over $26 bln Sprint deal: US judge, ET Telecom


AdvtAdvtJoin the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. The cases are litigated apart from government enforcement actions.A group of states also sued over the T-Mobile-Sprint deal, but a Manhattan federal judge in 2020 ruled against them and cleared a path for the deal. They called the T-Mobile-Sprint tie-up "one of the most anti-competitive acquisitions in history. "AT&T and Verizon are not involved in the case. AT&T declined to comment on Friday, and Verizon did not immediately respond to a request for comment.Attorneys for T-Mobile called the lawsuit "unprecedented," and said the plaintiffs' damages were "speculative.


Source: Economic Times November 05, 2023 03:53 UTC



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