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Attorney General of the United States in charge of antitrust cases, Makan Delrahim testifies before the Senate Judiciary Committee at a monitoring hearing on antitrust enforcement in the Senate office building Dirksen at Capitol Hill, October 3, 2018 in Washington, DC.
Chip Somodevilla | Getty Images
Despite reports that Ministry of Justice staff will look to block the $ 26.5 billion merger between T-Mobile and Sprint, Makan Delrahim, head of the antitrust division, has not yet taken decision and seems to remain open to a possible agreement. , sources said Andrew Ross Sorkin of CNBC.
Delrahim remains in conversation with the companies, said these sources in Sorkin, and could try to find a way to support an agreement despite the opposition of his staff.
Discussions on possible solutions are underway. But what kind of recourse – beyond what companies have pledged to do in an agreement with the Federal Communications Commission – remains unclear.
Following Sorkin's report, Sprint shares rose about 4%. T-Mobile's shares gained about 1%.
Earlier this week, FCC President Ajit Pai was promoted to president by Donald Trump in 2017, and announced his intention to recommend to his agency to approve the merger after the companies became involved. committed to not increase their prices for three years.
According to Sorkin reports, it is possible for the DOJ to be able to press for more years without a price increase, for example.
The previous presidential administration of Barack Obama had rebuffed previous attempts at business mergers, as well as an attempt to agree between AT & T and T-Mobile, fearing that such deals would harm competition in the wireless telecommunications sector.
– AP contributed to this report.
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