=+12, In 2011, the Justice Department rejected AT&Ts proposal to purchase T-Mobile for $39 billion due to
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=+12, In 2011, the Justice Department rejected AT&T’s proposal to purchase T-Mobile for $39 billion due to anticompetitive concerns. A few years later, Sprint launched its own attempt to purchase T-Mobile. In 2016, Sprint’s discussions with T- Mobile about a potential takeover were still ongoing.
a. Use the accompanying table to calculate the HHI before and after the proposed
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