Feds File Suit to Block $39 Billion AT&T, T-Mobile Deal

AT&T vowed Wednesday to fight a Justice Department lawsuit that seeks to block its $39 billion deal to buy T-Mobile USA. The feds are concerned that the acquisition of the No. 4 wireless carrier in the country by No. 2 AT&T would reduce competition and raise consumer prices.

How Washington Helped Birth a Billion Dollar Phone Scam

Almost 30 years ago, the government's breakup of AT&T changed how telecom billed customers, and scammers discovered a loophole that let them slip unauthorized fees onto consumers' monthly phone bills. Since then, "cramming" has grown into a multibillion dollar a year con game.