On April 29, 2018, Sprint and T-Mobile announced an agreement to merge the two companies. Though this is exciting news, we have been here before. On-and-off discussions between Sprint and T-Mobile have been ongoing for over four years. The most recent set of discussions took place in the fall of 2017. However, on November 4,…
Tag: DOJ
The DOJ’s Input Foreclosure Challenge to the AT&T-Time Warner Merger
On November 20, the Department of Justice (DOJ) filed a lawsuit under section 7 of the Clayton Act to enjoin the merger between AT&T and Time Warner. According to the government, the deal—which has been in the works since October of last year—is worth $108 billion and would have a deleterious effect on consumer prices…
German Prosecutor’s Raid Weakens DOJ Bargaining Power
Sally Yates, the former Deputy Attorney General, released a memorandum on September 9, 2015, known as the “Yates Memo.”1 The Yates Memorandum made fighting corporate fraud—specifically, targeting individual, executive bad actors—a top priority for the United States Department of Justice’s (DOJ) criminal division.2 As a result, large international corporations have increasingly hired third-party law firms…
What’s Next for Merchants and Consumers After the Second Circuit’s Decision in United States v. American Express?
On September 26, 2016, the Second Circuit U.S. Court of Appeals threw out a 2015 antitrust decision against American Express Company.1 The decision is the latest development in a five-year saga between the U.S. Department of Justice and seventeen individual states against Amex for its “nondiscrimination provisions,” or NDPs, which are contractual provisions that prohibit…