Son’s Challenge to Cable Won’t End T-Mobile Deal Scrutiny
“After buying control of third-largest U.S. wireless provider Sprint Corp. (S) last year, Son wants to acquire T-Mobile, the fourth-largest. Even if the merger sparks competition with cable, the elimination of one of four major wireless carriers won’t be overlooked by antitrust regulators, said Maurice Stucke, a law professor at the University of Tennessee.
“He has to overcome the presumption that this merger is anticompetitive,” said Stucke, a former Justice Department lawyer. ‘You can’t argue we should allow this market to be more concentrated in order to better compete in a separate market.’”