Question

1. What does “anti-trust” regulation generally refer to? Why is it complicated? Why did the Sprint T-Mobile merger get approved?  (Just guess based on what you think for that last part)

Answer 1

Anti-trust laws are those laws which are framed by the Government of US with the aim to protect the consumers from predatory practices of various business. These laws helps to assure that fair mode of competition exists in open market economies. Hence, these laws are also known as competition laws.

The Clayton Act, The Sherman Antitrust Act and The Federal Trade Commission Act are the important anti-trust laws.

These laws protect the consumers from excess charging of prices by the traders. Also, quality of the product and services are also ensured.

Treatment of Monopoly and monopsony under anti-trust laws will become complicated at the time if somebody tries to apply the existing legal standards. All none supply curve is the major complication.

The Department of United States give approval to the Sprint T-Mobile merger in the month of July. The approval is given only after the carriers agreed to trade their certain prepaid assets to the satellite provider Dish Network Corp. Dish will then develop their own cellular network in order to assure that four other competitors still exists in the market. Other competitors are Verizon Communications Inc and AT&T Inc.

T-Mobile and Sprint United to make innovations in Wireless field and to develop 5G network in order to connect whole Americans. They promised to deliver more efficient and sppedier network services at comparatively lower prices.