PLYMOUTH MEETING, Pa., June 30, 2014 (GLOBE NEWSWIRE) -- via PRWEB - Tactical Rabbit CEO Everett Stern is paying careful attention to the possible merger between T-Mobile and Sprint. According to a report by Reuters on June 20, 2014, Sprint and T-Mobile appear to be close to a deal valued at over $40 billion.
"Tactical Rabbit has launched an intelligence operation, which allows us to profile many of the DOJ and merger decision makers," said CEO Everett Stern. Commenting in on the merger, Stern stated, "I don't believe that the Department of Justice will approve the deal."
According to Reuters, "the U.S. Federal Communications Commission (FCC) and Department of Justice (DOJ) have expressed a desire to have at least two more network operators competing against the market leaders AT&T and Verizon."
"The government would not allow for a foreign controlled spectrum, nor will they allow for less competition in a market that's already lacking in competitors," states Stern.
According to The Daily Ticker on June 9, 2014, antitrust experts say that even if the companies can agree to a deal, there will be antitrust hurdles to deal with. Henry First, a law professor at New York University and an antitrust expert cited in the article, states "In an industry this concentrated, normally going from four to three will not make it more competitive. The incentives are to be more cooperative than competitive."
The Daily Ticker continues, "That was the rational when regulators blocked AT&T from acquiring T-Mobile in 2011. In wireless, where plans are national in scope and prices are public, it's all too easy for three big players to coordinate and keep prices in line, not to mention minimizing capital spending to improve network quality."
"Some people might call this a hurdle, but we believe it's more of a wall. I do not think, based on our investigation combined with prior rulings from the government, that this merger will go through," says Stern.
Stern was featured in Gangster Bankers: Too Big to Jail, Matt Taibbi's blistering expose of HSBC's role in facilitating money laundering and international terrorism. HSBC forfeited $1.9 billion in a deferred prosecution agreement with the Justice Department. Stern was hired by HSBC to work in their expanded anti-money laundering program, but he became disillusioned when his supervisors refused to investigate questionable transactions or gave employees performance standards seemingly designed to thwart adequate inquiry.
"I witnessed firsthand what happens when major institutions settle for acting based on poor intelligence. The action I took to protect the United States resulted in losing almost every dime I had and all of my material possessions. But I did not let that stop me, and it helped me find my real mission: exposing the threats to our country and to our citizens," Stern said. "I took what little money I had left and founded Tactical Rabbit: the REAL due diligence and intelligence firm. Unlike my competition, I assembled a team of real professionals -- former: U.S. special forces, CIA field operation officers, FBI special agents, and financial/business experts – unafraid to get their hands dirty."
Tactical Rabbit provides superior quality business intelligence, so client firms act using the most reliable information available. They provide clients in law, finance, and insurance with the following services:
- Verification
- Enhanced due diligence
- Investment Research
- Intelligence Collection
- Investigations
To see the range and sophistication of Tactical Rabbit's successful operations, visit their Operational Examples page. Contact Everett Stern via the submission form at http://www.TacticalRabbit.com
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