Justice Department staff had urged rejection of Sprint-T-Mobile merger
By Tony Romm May 22
Justice Department staff members who've have been reviewing the proposed merger of T-Mobile and Sprint had recommended that the U.S. government sue to block the $26 billion deal, fearing the combination of the country's third- and fourth-largest wireless carriers could threaten competition.
The recommendation - confirmed Wednesday by a source familiar with DOJ's thinking but not authorized to speak on record - came before the two companies offered new concessions this week meant to appease regulators, including pledges to divest certain lines of business and cap prices for consumers. Reuters first reported the recommendation.
formatting link