U.S. worried AT&T buying Time Warner would hike costs for media rivals: source

U.S. worried AT&T buying Time Warner would hike costs for media rivals: source

6 years ago
Anonymous $ZOEEBQ1zf0

https://www.reuters.com/article/us-time-warner-m-a-at-t/u-s-worried-att-buying-time-warner-would-hike-costs-for-media-rivals-source-idUSKBN1D92HF

The U.S. Justice Department is concerned that AT&T Inc's proposed $85.4 billion acquisition of Time Warner Inc would raise costs for rival entertainment distributors, a source familiar with the matter told Reuters on Thursday.