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February 11, 2020
A federal judge’s approval of T-Mobile’s acquisition of Sprint was seen as a repudiation of the group of state attorneys general who ignored the antitrust settlement negotiated by the US Department of Justice and US Federal Communications Commission and sued to kill the deal.
Cadwalader partner Joel Mitnick comments that while the states still have jurisdiction to bring antitrust cases, "I wouldn't bet on the states winning any future cases where the feds have already obtained what they believe to be competition-restoring relief."
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