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The Justice Department calls the ruling "a victory for American consumers" because the merger would have reduced competition in the health insurance market.
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AT&T positions itself as the future competitor to cable, promising an era of experimentation and innovation. But consumer advocates raise a raft of concerns. Regulators will weigh both sides.
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The two oilfield-services companies faced pressure from U.S. and European regulators concerned that a merger would stifle competition. The Justice Department filed suit in April to stop the deal.
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AT&T Inc. and T-Mobile want to merge. Boards of the mobile giants agreed to a $39 billion deal, announced Sunday, according to TechFlash reporter Greg…