The CEO of AT&T is tired of competing with Verizon and Sprint in the wireless service industry, so he is thinking of doing these two things: (1) Having AT&T buy Sprint; (2) Calling the Verizon CEO and forging an agreement with him to increase consumer prices for wireless service.
QUESTION: What major real-world impediments to (1) and (2) exist in the United States? Carefully explain in at least two content-rich complete sentences that very specifically reference the precise major impediments to these actions.