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)
|06/13/2018||Posted by BusinessMediaguide.Com under General World News||
- 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 >>>