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The remedy DOJ is expected to hang its hat on in approving Sprint+T-Mobile merger makes no sense. The rationale for the merger is Sprint is too weak to compete. But we're supposed to form a new, competitive 4th carrier out of parts of the merging firms?http://nymag.com/intelligencer/2019/07/the-t-mobile-sprint-merger-remedy-makes-no-sense.html …
Allegedly, in our system we let the smaller firms fail and the rest buy the pieces. We have long abandoned that model to pick well connected winners and inch our way to monopoly.
