Home » General World News » AT&T’s $85 billion deal for Time Warner is a humiliating black eye for DOJ officials, but the real worry is if it taught them the wrong lesson (T, TWX, CMCSA)

AT&T’s $85 billion deal for Time Warner is a humiliating black eye for DOJ officials, but the real worry is if it taught them the wrong lesson (T, TWX, CMCSA)





Randall Stephenson AT&T CEO April 2018

  • The big danger of the Justice Department’s loss in its attempt to block AT&T’s merger with Time Warner is that it will discourage the DOJ from pursuing other antitrust cases.
  • That would be an unfortunate outcome, because the case was unusual and doesn’t necessarily portend similar outcomes in other cases.
  • Indeed, the DOJ has good reason both to block some other outstanding mergers and to believe it could win those cases.

The US Justice Department lost its effort to block AT&T’s merger with Time Warner. But the biggest losers could be the rest of us, depending on how federal antitrust regulators read more >>>

Source:: BusinessInsider.Com

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