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Like they should have in my opinion, yes. According to Wikipedia[0], """On August 4, 2014, Bloomberg reported that Sprint had abandoned its bid to acquire T-Mo
by beagle3 6y ago
Like they should have in my opinion, yes.
According to Wikipedia[0], """On August 4, 2014, Bloomberg reported that Sprint had abandoned its bid to acquire T-Mobile, considering the unlikelihood that such a deal would be approved by the U.S. government and its regulators""", that is, the government effectively banned it, but Sprint pulled out ahead of time saving everyone time and money.
They recently approved it -- a mistake in my opinion -- but again that just proves my point: This is already the rule. Your position appears to be that the government shouldn't have this power at all, mine is that it should be applied more strictly to enhance competition.
[0] https://en.wikipedia.org/wiki/Merger_of_Sprint_Corporation_and_T-Mobile_US https://en.wikipedia.org/wiki/Merger_of_Sprint_Corporation_a...
- scarface74 6y agoSprint has been losing money and users for over a decade. Their chief backer was tired of pouring money into it. The alternative wasn’t four major carriers or three major carriers after a merger. The alternative was three carriers, one out of business and the other three buying the spectrum.