Wednesday, August 31, 2011

FCC Chairman Says Agency Also Has Concerns

"By filing suit today, the Department of Justice has concluded that AT&T's acquisition of T-Mobile would substantially
lessen competition in violation of the antitrust laws," says Federal Communications Commission Chairman Julius Genachowski.

"Competition is an essential component of the FCC's statutory public interest analysis, and although our process is not complete, the record before this agency also raises serious concerns about the impact of the proposed transaction on
competition," Genachowski said.
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