'DOJ ends probe into T-Mobile's $4.4 billion merger 2 days after the company committed to end DEI policies' - MSN

Source - https://www.msn.com/en-us/money/companies/doj-ends-probe-into-t-mobile-s-4-4-billion-merger-2-days-after-the-company-committed-to-end-dei-policies/ar-AA1IqmJH

The Justice Department announced on Thursday that it was closing an antitrust probe into T-Mobile's proposed $4.4 billion merger with UScellular.

The news comes soon after T-Mobile told the FCC that it was ending diversity, equity, and inclusion policies — joining a long list of companies that have pulled back from DEI since President Donald Trump was reelected.

The company is seeking approval from the commission for two separate deals, including the UScellular merger and the acquisition of the internet service provider Metronet. The DOJ had separately launched an antitrust probe into the UScellular deal.

""It is of concern to the United States that continued spectrum aggregation by the Big 3 threatens to impede the path for a fourth national player to emerge and challenge the entrenched incumbents with new and innovative offerings,"" Slater said.

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Thursday's announcement means the Justice Department will not intervene in the proposed merger, but the deal still must be approved by the FCC.