AT&T antitrust win may herald a new wave of media mergers

AT&T antitrust win may herald a new wave of media mergers

6 years ago
Anonymous $roN-uuAfLt

https://phys.org/news/2018-06-att-antitrust-herald-media-mergers.html

The government argued that the merger would stifle competition and lead to higher cable bills. But U.S. District Judge Richard Leon ultimately agreed with AT&T's assertion that it had to grow to survive in the era of Google, Amazon and Netflix.

"It really was a stunning rebuke of the Department of Justice," said media analyst Craig Moffett. "Judge Leon was wholly unpersuaded by their case."

AT&T antitrust win may herald a new wave of media mergers

Jun 13, 2018, 9:29am UTC
https://phys.org/news/2018-06-att-antitrust-herald-media-mergers.html > The government argued that the merger would stifle competition and lead to higher cable bills. But U.S. District Judge Richard Leon ultimately agreed with AT&T's assertion that it had to grow to survive in the era of Google, Amazon and Netflix. > "It really was a stunning rebuke of the Department of Justice," said media analyst Craig Moffett. "Judge Leon was wholly unpersuaded by their case."