DOJ antitrust chief Makan Delrahim slots the event for May 2-3 and says the event may result in Justice changing how it looks not only at mergers, but also at spot advertising and retrans.
The D.C. Circuit Court of Appeals is allowing the huge merger between AT&T and Time Warner to stand. On Tuesday, the appellate court ruled that the government had failed to prove that the transaction valued between $85 to $105 billion that would give the nation’s largest telecom control over CNN, TBS, and TNT amounted to enhanced leverage that would harm the marketplace.
Former Democratic FCC commissioner Mignon Clyburn is advising T-Mobile and Sprint on their proposed $26 billion merger as the two companies seek regulatory approval from her former agency. She said that she sees the work as a continuation of her efforts in government to expand internet access to hard-to-reach and overlooked communities.
TVNewsCheck’s prescient editor, Harry Jessell, asks his infallible Magic 8-Ball to reveal how 2019 will unfold for various aspects of the television business, including core advertising, political advertising, retrans, mergers, FCC ownership caps, Big-4 duopolies and ATSC 3.0. He then expounds on the answers since, while all-knowing, the 8-Ball is notoriously terse.
The Justice Department’s antitrust case against AT&T reached a crescendo Wednesday as government lawyers asked an economist to explain how the telecom giant’s proposed $85 billion merger with Time Warner would lead to higher cable bills for consumers.
Justice Department Antitrust Chief Makan Delrahim appeared in the courtroom Thursday to watch the proceedings in the government’s lawsuit to stop AT&T’s bid to purchase Time Warner as attorneys honed in on another merger: Comcast and NBCUniversal.
A little less than two weeks and eight witnesses into the trial over AT&T’s proposed $85 billion purchase of Time Warner, and we already have a good sense of some of the issues the case — which some are calling the antitrust trial of a generation — will likely pivot around.
The Justice Department, seeking to stop AT&T Inc’s deal to purchase Time Warner Inc, sought on Monday to show how often Time Warner subsidiary Turner would threaten to cut off cable companies to win concessions during contract negotiations.
The government and AT&T clashed on Thursday as each launched their opening salvos in a far-reaching trial on the telecom giant’s proposed $85 billion merger with Time Warner.