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Judge sets first hearing in AT&T anti-trust case

By Agence France-Presse
Wednesday, September 7, 2011 16:58 EDT
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WASHINGTON — The federal judge hearing the US government’s lawsuit seeking to block AT&T’s $39 billion takeover of T-Mobile has set a first meeting to discuss the prospects for a settlement.

US District Judge Ellen Huvelle ordered lawyers for the Justice Department, AT&T and T-Mobile, the US unit of Germany’s Deutsche Telekom, to attend a status conference in her courtroom here on September 21.

“The parties shall be prepared to discuss the prospects for settlement,” Huvelle said.

She also asked them to prepare a schedule for managing the case if it goes to trial.

The Justice Department filed suit on August 31 to block AT&T from taking over T-Mobile, saying the mega-merger would harm competition.

“We are seeking to block this deal in order to maintain a vibrant and competitive marketplace,” Deputy Attorney General James Cole said.

AT&T has promised to “vigorously contest” the Justice Department’s move in court.

Sprint Nextel, the third-largest US wireless carrier, filed its own lawsuit against the deal on Tuesday.

Agence France-Presse
Agence France-Presse
AFP journalists cover wars, conflicts, politics, science, health, the environment, technology, fashion, entertainment, the offbeat, sports and a whole lot more in text, photographs, video, graphics and online.
 
 
 
 
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