U.S. Files Antitrust Complaint to Block AT&T, T-Mobile Deal

U.S. Files Antitrust Complaint to Block AT&T, T-Mobile Deal

Stephen Yang/ Bloomberg

The U.S. government sued to block AT&T Inc.’s proposed $39 billion acquisition of T-Mobile USA Inc., saying the deal would “substantially lessen competition” in the wireless market. AT&T shares fell as much as 5 percent.