Comcast bid for Fox is next after favorable AT&T ruling

Comcast bid for Fox is next after favorable AT&T ruling

6 years ago
Anonymous $roN-uuAfLt

https://finance.yahoo.com/news/comcast-bid-fox-next-favorable-060536970.html

If Comcast succeeds in outbidding Disney for Fox, a major cable distributor would control even more channels on its lineup and those of its rivals. There are fears that it could lead to higher cable bills or hinder online alternatives.

But U.S. District Judge Richard Leon cleared the AT&T deal Tuesday despite similar fears. The ruling signaled that federal regulators might have a hard time stopping companies from getting bigger by gobbling up rivals and the content they own