The long-running soap opera that is T-Mobile’s proposed acquisition of Sprint took yet another bizarre turn last week when the attorneys general of 10 states, led by New York and California (no surprise there), filed a suit to block the acquisition on grounds of potential consumer harm, as reported by The Wall Street Journal.
The bizarre part of this is that responsibility for judging the potential consumer harm from such a combination is primarily the realm of the federal government, in particular, the Federal Communications Commission (FCC) and the Antitrust Division of the U.S. Department of Justice (DoJ).
