States Join U.S. Justice Department in Suit Against AT&T’s T-Mobile Takeover
9/16/2011
After months of investigation, the top consumer advocates for
seven states have waded through vague promises and conflicting information from
AT&T and decided the telecom giant’s plan to takeover its competitor would
lead to higher prices and other problems for consumers and businesses in their states.
This bipartisan group of attorneys general have joined the Department of
Justice in its lawsuit to block the deal, and an amended complaint has been
filed with the court.
For almost 40 years, the Computer & Communications Industry
Association has been a voice against anti-competitive behavior by dominant
companies. The following statement can be attributed to CCIA’s President and
CEO Ed Black:
“We applaud the state attorneys general, who have wisely weeded
through the promises versus the reality of AT&T’s takeover bid, and are
taking steps to protect their states from the higher prices that come when an
industry no longer has competition.”
The following statement can be attributed to CCIA Vice President
Cathy Sloan:
“Seven of the most populous states in America with the most
sophisticated investigatory and legal resources at their disposal have examined
AT&T’s proposal to acquire its competitor and decided the deal is illegally
anticompetitive – and should be blocked.”