Inside these posts: New York Atty. Gen. Eric Schneiderman

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N.Y. promises hard look at AT&T/T-Mobile deal

An AT&T store in New York. (Reuters/Brendan McDermid)

AT&T Inc.s $39 billion bid to buy Deutsche Telekom AG’s T-Mobile USA came under scrutiny from New York’s attorney general, who said he is looking into its possible anticompetitive impact.

Citing a potential “near duopoly” as a result of the proposed deal, Atty. Gen. Eric Schneiderman said he wants to ensure the acquisition does not reduce access to low-cost cell phone options. Get the full story »