Federal suit against AT&T/Time Warner merger could be the largest application of antitrust law since 1982

(money.cnn.com)

posted by Sarcastaway on News

3 comments

I've been waiting for something like this. AT&T has gotten too big... again.

[–] Sarcastaway [OP] 1 points (+1|-0)

Same here, but unfortunately this ruling would only block their growth, unlike the 1982 ruling that break broke up their telephone monopoly.

Still, I'll take what I can get.

[–] Sarcastaway [OP] 0 points (+0|-0)

AT&T claims that the merger would allow them to compete with data giants like Google, Facebook, and Amazon. The Department of Justice argues that AT&T would bar TW assets like HBO from being used on competing providers like Cox. DoJ also expressed concerns that AT&T would collude with the only other vertically-integrated company in the industry, Comcast-NBC Universal, to impede innovation of streaming services.

Posted by Sarcastaway
Score: 3 (+3|-0)

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