Friday, December 23, 2011

THE AT&T DEBACLE: Antitrust Enforcement Returns to Washington

            The Corporate mergers and acquisitions deal makers are struggling to figure out what lessons to learn from the debacle of AT&Ts failed $39 billion attempt to acquire T-Mobile USA.

            “One lesson to be learned is that antitrust enforcement has finally returned to Washington,” said attorney Charles Jerome Ware, a former top Antitrust official and litigator at the U.S. Department of Justice as well as the U.S. Federal Trade Commission, “No longer should giant companies like AT&T underestimate the Justice Department’s new toughness in policing mergers and acquisitions between competitors.”

[see also, “AT&T Case Shows Antitrust Mettle,” WSJ.com/article/12/21/2011]

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