The two companies tout their deal as necessary for innovation and claim that it doesn't decrease competition in the field. Those arguments will be difficult to prove, says Eleanor Fox, an antitrust expert at NYU Law School. The third and fourth largest mobile networks in the U.S. announced a $26.5 billion merger Sunday that they claim will help develop a 5G network and create jobs. The deal still needs approval from regulators, who have expressed antitrust concerns in the past.
For full interview, [click here](https://cheddar.com/videos/inside-the-legal-hurdles-facing-t-mobile-sprint-merger).
Dryden Pence, chief investment officer with Pence Capital, joined Cheddar News to discuss Tuesday's market session and touched on what the Federal Reserve may decide on at its next meeting as inflation continues to play a role and consumer spending remains firm.
Stellantis is telling owners of nearly 220,000 Jeep Cherokee SUVs worldwide to park them outdoors and away from other vehicles because the power liftgates can catch fire even when the engines are off.
After years of explosive growth during the pandemic, Home Depot’s revenue during the first quarter fell short of expectations and the company cut its profit and sales outlook for the year
The head of the artificial intelligence company that makes ChatGPT told Congress on Tuesday that government intervention "will be critical to mitigate the risks of increasingly powerful” AI systems.
Top executives at Silicon Valley Bank and Signature Bank largely avoided taking responsibility for their banks’ dramatic failures at a Senate hearing Tuesday.
