T-Mobile, U.S. Cellular and Justice Department
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Despite that, the DOJ said it closed its investigation into the merger and will not ask a court for an injunction to prevent T-Mobile from buying US Cellular assets. US Cellular is being carved up among the three major wireless firms,
T-Mobile said in a July 8 letter to the FCC that it would end its DEI-related policies "not just in name, but in substance."
UScellular would struggle to "compete vigorously in the relevant market" if an injunction prevented T-Mobile from acquiring UScellular's wireless operations, Assistant Attorney General Gail Slater of the U.
Mobiles $4.4 billion acquisition of UScellulars wireless business, marking another major corporate consolidation cleared under President Donald Trumps pro-merger antitrust policy.
It’s about enforcing antitrust robustly in a way that works for all Americans … that’s my starting point,” the head of the Department of Justice Antitrust Division told NYNext.
Mobile’s US$4.4 billion acquisition of UScellular on Thursday, the latest deal blessed by the Trump administration as it takes a softer approach to corporate consolidation than its predecessor. Read more at The Business Times.