Washington - The U.S. Department of Justice filed a suit in a U.S. District Court here to block AT&T's proposed merger with T-Mobile.
In its complaint, the Justice Department contended an independent T-Mobile merger "places important competitive pressure on its three larger rivals, particularly in terms of pricing, a critically important aspect of competition."
For his part, FCC chairman Julius Genachowski said that although the FCC hasn't completed its review of the proposal, "the record before this agency also raises serious concerns about the impact of the proposed transaction on competition."
"Vibrant competition in wireless services is vital to innovation, investment, economic growth and job creation, and to drive our global leadership in mobile," he continued. "Competition fosters consumer benefits, including more choices, better service and lower prices."