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US: DOJ’s Delrahim still open to Sprint-T-Mobile deal says CNBC

By  |  May 23, 2019

The US Department of Justice’s (DOJ) antitrust chief, Makan Delrahim, is still open to T-Mobile’s US$26 billion acquisition of smaller rival Sprint, CNBC reported on Thursday, May 23.

Makan Delrahim, head of the DOJ’s Antitrust Division, is still talking with the companies and may be trying to find a way to support a deal despite his staff’s opposition, the sources said. Discussions about possible remedies are ongoing. But what kind of remedies, beyond what the companies committed to as part of a deal with the Federal Communications Commission (FCC), remain unclear.

Earlier this week, FCC Chairman Ajit Pai said he plans to recommend his agency approve the merger after the companies committed to not raising prices for three years.

Full Content: CNBC

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