DOJ

 

SoftBank-Sprint Deal Faces Small Hurdle

This probably won’t turn out to be a major roadblock. While many red flags have been raised about proposed Chinese buyouts of U.S. companies, a Japanese business is less likely to draw concern from lawmakers.

Report: DOJ Mulls Investigating Telcos for Power Abuse

Sources close to the Department of Justice say the agency is in the initial stages of looking into whether big telcos like AT&T and Verizon have been abusing their power in the marketplace. Exclusive handset deals are at the top of the list of concerns. Some argue they are an anticompetitive behavior. This isn’t entirely […]

William G. McGowan

THEN: MCI Chairman William G. McGowan underwent a heart transplant in 1987. After a six-month recovery, he returned to his post as chairman until his death in 1992. During his tenure at MCI, the company grew from startup to $9.5 billion and had 16 percent of the American domestic and international long-distance market. NOW: McGowan, […]

ROUND TABLE

… On the Justice Departments approval of the AT&T Inc.-BellSouth Corp. merger, with no conditions(see related story) … The presence of other competitors, changing regulatory requirements and the emergence of new technologies in markets for residential local and longdistance service indicate that this transaction is not likely to harm consumer welfare. The proposed acquisition does […]

AT&T-BellSouth Merger Hits Hurdles

WITH THE FCCS APPROVAL of the AT&T Inc.-BellSouth Corp. merger in mid-October fraught by last-minute deal-brokering and controversy, agency Chairman Kevin J. Martin canceled consideration of the transaction altogether until November. He said he was responding to concerns voiced by Democratic Commissioners Michael J. Copps and Jonathan S. Adelstein, although other factors likely came into […]

FCC Postpones AT&T-BellSouth Vote

The FCC has postponed its consideration of the AT&T Inc.-BellSouth Corp. merger until Friday. The agency was scheduled to discuss the matter today at its regular monthly meeting, but analyst reports point out the two Democratic commissioners are balking at the apparent lack of conditions being imposed on the merger. The Department of Justice (DoJ) […]

DoJ Approves AT&T-BellSouth Merger, Without Conditions

The Department of Justice (DoJ) on Wednesday approved the $67 billion merger of AT&T Inc. and BellSouth Corp. Tomorrow, the FCC is expected to do the same. The DoJ did not impose any conditions on the combination, and it was not known whether the FCC would follow suit. “The presence of other competitors, changing regulatory […]

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