Dinosaurs permitted to mate: But what does AT&T Time merger mean for antitrust – and you?

Dinosaurs permitted to mate: But what does AT&T Time merger mean for antitrust – and you?

6 years ago
Anonymous $roN-uuAfLt

https://www.theregister.co.uk/2018/06/14/dinosaurs_permitted_to_mate_but_what_does_att_time_merger_mean_for_you/

Analysis Across political divides in the United States there's a common appetite for reining in the country's plutocratic corporate overlords. The country that reveres Mom 'n' Pop businesses is wary when giant businesses combine. But the landmark decision in a US District Court permitting two legacy businesses to merge indicates how hard this is.

In one of the most-watched antitrust decisions in decades, a judge booted out the Department of Justice's objection to the merger of AT&T and Time Warner. It was unusual for a few reasons. It's the first time the government had intervened in a "vertical merger" since 1979 on behalf of consumers.