What potential impact could the lawsuit in New York have on the timeline of the deal?
States Set to Use Antitrust Suit in Bid to Block T-Mobile-Sprint Deal
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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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What are the implications if the companies are unable to settle the lawsuit?
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