Thursday 23 November 2017

Why the Government is Right to Block the AT&T-Time Warner Merger

Why the Government is Right to Block the AT&T-Time Warner Merger

Despite what Randall Stephenson thinks, the Department of Justice’s suit blocking AT&T from acquiring Time Warner’s assets in an $85 billion merger is a great moment for antitrust in America. It’s late, but it’s welcome. Stephenson, the AT&T CEO, has no one but himself to blame. He and his minions effectively tanked their own plans to merge their company—the largest major pay-TV provider in the country and the second-largest wireless carrier...
Read more: https://www.wired.com/story/why-the-government-is-right-to-block-the-atandt-time-warner-merger/?source=Snapzu

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