The fate of the $26.5 billion T-Mobile-Sprint merger is in the hands of U.S. District Court Judge Victor Marrero. The judge is presiding over the non-jury trial that will determine whether 14 attorneys general from 13 states and Washington D.C. can shut down the deal because they see it as anti-competitive, leading to higher prices for consumers. While the plaintiffs argue that the removal of Sprint from the scene will reduce the number of major U.S. carriers by 25%, the defendants (T-Mobile and Sprint) say that without the merger, Sprint will be forced to raise prices and could disappear ...
Tuesday, 24 December 2019
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