COMMENTARY BY BOB SCHERMAN
DOJ’s Got It Right: Block AT&T-Time Warner
Satellite Business News Editor Bob Scherman: If it wants to protect American consumers and the public interest, the Justice Department must block AT&T’s attempt to swallow up Time Warner. No conditions would make the transaction beneficial to American consumers.
The station group and and satellite operator agreed to a 48-extension of their current deal, which was set to expire last night, suggesting that they are close to long-term deal.
