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DOJ Approves T-Mobile and Sprint Merger

HeadlineJul 29, 2019

Back in the United States, the Justice Department approved the merger Friday of T-Mobile and Sprint, in a move that critics say would increase cellphone bills for consumers by decreasing competition. The Justice Department said they only approved the deal after T-Mobile and Sprint agreed to sell some of their assets to satellite TV provider Dish Network to create a new wireless network. Thirteen attorneys general and the District of Columbia are suing to block the $26 billion merger. Senator and 2020 candidate Elizabeth Warren tweeted, “This merger will cost thousands of jobs, reduce wages, and further reduce competition in a sector that badly needs it. We need antitrust regulators with the courage to stand up to monopolies.”

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