Justice Department Sues To Block At&t Takeover Of T-mobile

An antitrust lawsuit is filed to prevent AT&T from acquiring T-Mobile USA and displacing Verizon as the nation s largest wireless carrier, a deal that the Justice Department says would lead to less competition, higher prices and fewer choices for consumers.The Justice Department is seeking to block AT&T Inc.'s $39-billion plan to buy T-Mobile USA Inc., claiming that combining the two wireless giants could stymie competition and innovation.

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