India, April 18 -- Clouds are clearly gathering over the proposed merger between Sprint and T-Mobile. The latest: A Wall Street Journal article indicating the Department of Justice may not accept the deal as it currently stands due to concerns it would reduce competition in the market.
That position doesn't necessarily come as a surprise. For example, the FCC earlier this month moved against the proposed merger of Securus Technologies and Inmate Calling Solutions -- two companies that offer telephone services to prisoners -- because their proposed merger would reduce competition in the market.
Nonetheless, top executives from both Sprint and T-Mobile pushed back against the WSJ story, and Fox Business reported that much of it is inaccurat...