AT&T – TimeWarner Merger: A Disaster for Consumers when Combined with Net Neutrality Repeal (Pt. 1/2)
June 14, 2018
A federal judge ruled on Tuesday that the proposed eighty-five billion-dollar merger between AT&T and Time Warner may proceed because it does not violate U.S. antitrust laws. Judge Richard J. Leon, of the United States District Court in Washington, argued that the merger would not reduce competition because AT&T and Time Warner operate in different markets. AT&T distributes content, while Time Warner, which owns HBO, CNN, Warner Brothers Studios among other divisions, create content.
Now, during the 2016 presidential campaign, then candidate President Trump complained about the proposed merger, saying that, as president, he would stop it.
The argument that this merger, which will create one of the world’s largest media giants, is not anti-competitive lacks all basis in reality, says Jeff Cohen of RootsAction.org and FAIR.