AT&T/T-Mobile Merger Proposal to Undergo Competition Hearing, Nothing to See Here [The Legal Process]
Things are just about set to get underway with this T-Mobile and AT&T merger. The United States Senate has informed everyone that the Senate Judiciary antitrust subcommittee will be holding hearings about the proposed acquisition starting May 11 to determine whether or not consumer competition will be heavily impacted by the move. I say nothing to see here because this is normal with any high-profile acquisition. Many more hearings and trials and those such things are to come so sit back and enjoy the ride because it’s going to be a long one. [TmoNews via Bloomberg]