The media misunderstands the economics of antitrust. Companies *want* market consolidation, because the lack of competition increases the prices charged by all remaining parties.
In fact, Verizon would not be able to sue under the Sherman Act even if it wanted to, under the "Antitrust Injury" doctrine. Quite simply, the Supreme Court has realized this fact, that competitors actually benefit from consolidation, and thus do not meet the requirements of the Constitution that a party must suffer "injury in fact" before bringing a lawsuit.