The Department of Justice has approve a $26.5 Billion Dollar merger between mobile providers T-Mobile and Sprint.
In allowing the merger, the Justice Department is prioritizing corporate profits over the public interest.
While John Legere, T-Mobile’s chief executive, is expected to become even more wealthy the folks that feed his pockets, that’s you the monthly cell phone bill payers are, not. Surprise, oh no?
Federal regulators have come to evaluate mergers solely on the basis of whether consumers will benefit. This deal does not meet the test. Obviously.
The Justice Department is requiring the two companies to make room for the television provider Dish to build a mobile phone business. Sprint is selling Dish its prepaid service, which operates as Boost Mobile, and some of its space o...