States are looking to jam T-Mobile and Sprint’s proposed $26.5 billion merger

A number of  states have filed a lawsuit to block the proposed $26.5 billion merger of T-Mobile and Sprint.

The lawsuitm, filed in the United States District Court for the Southern District of New York, alleges that the merger of Sprint and T-Mobile would be anti-competitive and drive up costs for consumers.

“When it comes to corporate power, bigger isn’t always better,” said New York Attorney General Letitia James, in a statement. “The T-Mobile and Sprint merger would not only...

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