Amid growing concern about consolidation's impact on control of America's rapidly growing broadband communications networks, the Department of Justice has extended its antitrust investigation of AT&T's nearly $90 billion acquisition of BellSouth, company officials confirmed Tuesday. Although it is unlikely that regulators will block the merger, the agency is expected to impose some protections for the companies' customers as a condition of winning antitrust approval for the deal.
May 04, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The Department of Justice has extended its antitrust investigation of AT&T Inc.’s nearly $90 billion acquisition of BellSouth Corp., company officials confirmed Tuesday.
The Justice Department had until Monday to clear the merger if it found no competitive issues warranting further review.
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