Deals
States Blocking T-Mobile's Deal Would Disrupt U.S. Merger Policy, DOJ Says
Photographer: Krisztian Bocsi/Bloomberg
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State officials will “wreak havoc” on U.S. merger enforcement if they diverge from federal regulators and block deals on their own as they’re trying to do with T-Mobile US Inc.’s proposed takeover of Sprint Corp., the Justice Department’s top antitrust official said.
Makan Delrahim, the head of the department’s antitrust division, on Wednesday took a swipe at the state lawsuit trying to stop the merger of the wireless carriers, which was approved by the Justice Department and the Federal Communications Commission last year.