Following in the footsteps of the Department of Justice which filed a lawsuit to block the AT&T-T-Mobile acquisition last week, Sprint is also chiming in with a lawsuit of its own, to back the DOJ’s decision. Sprint had previously opposed the merger, but it wasn’t in the form of a lawsuit until today. According to Sprint’s vice president of litigation, the carrier opposes AT&T’s proposed takeover of T-Mobile because it would harm consumers and be unfair to the competition. It even went as far as to say that such an acquisition would be illegal.
Here are the main points in Sprint’s lawsuit: the lawsuit would harm retail consumers and corporate customers by causing higher prices and less innovation; entrench the duopoly control of AT&T and Verizon – the two carriers would be controlling over ¾ of the market if the deal went through, and it would harm Sprint and other independent wireless carriers. Now the carrier’s reasons aren’t too far from the DOJ’s own, but it makes you wonder why Sprint waited until now to file it. Are you for or against the AT&T-T-Mobile acquisition?RELATED
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