The Department of Justice approved T-Mobile's acquisition of US Cellular's wireless operations, acknowledging that the transaction would contribute to the ongoing oligopoly of the top three carriers controlling most of the mobile spectrum. Although the DOJ noted that this deal would further consolidate market power, it concluded that the potential benefits of the merger outweighed the possible harms. US Cellular's competitive position was deemed unsustainable, and the DOJ supported the merger as a means for subscribers to access a more robust network.
The DOJ stated the deal will further consolidate spectrum in the Big 3's oligopoly, controlling over 80% of mobile wireless spectrum in the U.S.
Despite concerns about increasing oligopoly, the DOJ found the potential harm and benefits of the transaction did not warrant an enforcement action.
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