The US District Court for the Southern District of New York clears merger between top third and fourth wireless communications providers with the judge using as main criteria testimony of "reasonable corporate executives" over conflicting economic testimonies which were deemed too static for the dynamic nature of the market at hand (State AGs / T-Mobile / Sprint)

T-Mobile’s Marathon to Acquire Sprint: Five Takeaways from the T-Mobile/Sprint Antitrust Litigation After almost two years of scrutiny by state and federal regulators and an ensuing court battle, T-Mobile US, Inc. (“T-Mobile”) is moving forward with its acquisition of Sprint Corporation (“Sprint”). [1] Although the case is unlikely to incite a change in how the U.S. Department of Justice Antitrust Division (“DOJ”) and Federal Trade Commission (“FTC”) review the vast majority of proposed transactions, it does leave the agencies with some “merger-friendly” language with which they will have to deal. The T-Mobile/Sprint litigation also is interesting because there are so few challenges by states to an acquisition that federal antitrust authorities have already approved. Below, after some

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Authors

  • Weil, Gotshal & Manges (New York)
  • Weil, Gotshal & Manges (Washington)
  • Weil, Gotshal & Manges (Washington)

Quotation

John Ren, Megan Granger, Kristin Sanford, The US District Court for the Southern District of New York clears merger between top third and fourth wireless communications providers with the judge using as main criteria testimony of "reasonable corporate executives" over conflicting economic testimonies which were deemed too static for the dynamic nature of the market at hand (State AGs / T-Mobile / Sprint), 16 February 2020, e-Competitions February 2020, Art. N° 93474

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