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How long until they're declared a monopoly for the 2nd time?
by t0 13y ago
How long until they're declared a monopoly for the 2nd time?
- tomkinstinch 13y agoSeriously. How did this get past the USDOJ antitrust division? (And for that matter, are large M&A events like this approved by the DOJ beforehand, or are they investigated after the fact?)
- untog 13y agoSeriously. How did this get past the USDOJ antitrust division? It hasn't.
- chrisgd 13y agoThey are announced, then they file for Hart Scott Rodino (in essence, approval from the DOJ) and have voting by shareholders (sometimes), get early termination of the waiting period, or wait through the waiting period, then they close.
- acjohnson55 13y agoWhy wouldn't it? It's a pretty small acquisition compared to the market size, and there are still three other major players left that completely dwarf Cricket in size.
- rayiner 13y agoAntitrust enforcement is not politically popular, oh for the last 30 years or so.
- untog 13y agoI wouldn't assume that will happen. T-Mobile is a far larger player than Leap, AT&T may well be allowed to buy them. It wouldn't be an entirely bad thing- they have a bunch of spectrum that they aren't using: http://www.zdnet.com/at-and-t-picks-up-more-spectrum-with-leap-wireless-acquisition-7000018013/ http://www.zdnet.com/at-and-t-picks-up-more-spectrum-with-le... AT&T could certainly argue that they'd make better use of it.