States Set to Use Antitrust Suit in Bid to Block T-Mobile-Sprint Deal

States Set to Use Antitrust Suit in Bid to Block T-Mobile-Sprint Deal

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The state AG's have been investigating a deal for over a year, raising concerns about reduced competition and higher prices. Now, about 10 states are suing, with Democratic AG's filing in New York, causing a significant setback for the companies involved. This lawsuit could delay the deal for many months if it goes to trial. Although the companies received approval from the FCC, the DOJ is still investigating, and the New York lawsuit adds further complications.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the primary concern of the state AGs regarding the merger?

Lower prices for consumers

Improved service quality

Higher prices and reduced competition

Increased competition

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many states are involved in the lawsuit against the merger?

8 states

10 states

5 states

12 states

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which organization gave approval to the merger last month?

State AGs

Department of Justice

Federal Trade Commission

Federal Communications Commission

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential consequence of the lawsuit in New York for the merger?

A significant delay if it goes to trial

Immediate approval of the merger

Increased competition in the market

Reduction in the number of states suing

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which department is still investigating the merger deal?

Federal Communications Commission

Federal Trade Commission

Department of Justice

State AGs