With several states and rival companies filing complaints, the AT&T/T-mobile merger tries to move forward today at a Department of Justice "status hearing."
We often hear about big acquisitions and mergers in the U.S. business environment, but recently things have been going the other way. What are the advantages to companies breaking up instead of building on?
Big mergers have been an ongoing trend in American business, especially in the telecom world. So why has the Justice Department singled out AT&T and T-Mobile?
Darren Carroll/Getty Images/JEAN-CHRISTOPHE VERHAEGEN/AFP/Getty Images
The Justice Department sues to scuttle the proposed $39 billion deal, saying AT&T's acquisition of T-Mobile merger would reduce competition for cell phone service.
The market decline is making some mergers more attractive. But both AT&T and T-Mobile already have such big incentives to strike a deal that fluctuating markets should have little effect on them.
