In allowing the merger, the Justice Department is prioritizing corporate profits over the public interest.
The Justice Department apparently thinks that Americans will benefit from competition among at least four major mobile phone companies. That is the clear logic of its decision on Friday to bless the marriage of T-Mobile and Sprint, two of the four existing mobile phone giants, on the condition that they clear the way for the rise of a new competitor.
It's a little hard to understand, however, why the government wants to pursue that goal by allowing Sprint to be swallowed and then hoping a new company emerges in its place. Surely it would be more sensible to preserve Sprint as an independent company.
formatting link