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10 states seek to stop proposed $26.5B Sprint-T-Mobile deal

A group of state attorneys general led by New York and California filed a federal lawsuit Tuesday to block T-Mobile’s $26.5 billion bid for Sprint, citing consumer harm.

Uber, Lyft losses limit competition

The two companies already have lost a combined $13 billion. And with no clear road to profits ahead, no one else has much of an incentive to mount a challenge.

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