Is Trump's AT&T Merger Roadblock A Return To Sensible Antitrust, Or Just More Cronyism?

Is Trump's AT&T Merger Roadblock A Return To Sensible Antitrust, Or Just More Cronyism?

6 years ago
Anonymous $ZOEEBQ1zf0

https://www.techdirt.com/articles/20171113/09214238605/is-trumps-att-merger-roadblock-return-to-sensible-antitrust-just-more-cronyism.shtml

Given that the Trump administration has been tripping over itself to obliterate popular consumer protections (net neutrality, broadband privacy) and most media consolidation rules (largely to benefit Sinclair broadcasting), many analysts assumed that the administration would see absolutely no problem with AT&T's latest $86 billion acquisition of Time Warner. After all, such vertical integration mergers -- while they can cause very serious market harms -- are often more difficult to make a case for than mergers where direct competitors are eliminated.

Supporting that position was the fact that Makan Delrahim, Trump's new antitrust boss at the DOJ, had been on record previously stating that he saw no serious problems with the deal. That's why it was a bit of a surprise last week when reports emerged that Trump's DOJ was considering a lawsuit to block the megamerger, and may not approve the deal unless AT&T either sold off DirecTV (acquired last year) or Turner Broadcasting, owner of channels like Cartoon Network, TBS, and CNN.

Is Trump's AT&T Merger Roadblock A Return To Sensible Antitrust, Or Just More Cronyism?

Nov 14, 2017, 3:40pm UTC
https://www.techdirt.com/articles/20171113/09214238605/is-trumps-att-merger-roadblock-return-to-sensible-antitrust-just-more-cronyism.shtml >Given that the Trump administration has been tripping over itself to obliterate popular consumer protections (net neutrality, broadband privacy) and most media consolidation rules (largely to benefit Sinclair broadcasting), many analysts assumed that the administration would see absolutely no problem with AT&T's latest $86 billion acquisition of Time Warner. After all, such vertical integration mergers -- while they can cause very serious market harms -- are often more difficult to make a case for than mergers where direct competitors are eliminated. >Supporting that position was the fact that Makan Delrahim, Trump's new antitrust boss at the DOJ, had been on record previously stating that he saw no serious problems with the deal. That's why it was a bit of a surprise last week when reports emerged that Trump's DOJ was considering a lawsuit to block the megamerger, and may not approve the deal unless AT&T either sold off DirecTV (acquired last year) or Turner Broadcasting, owner of channels like Cartoon Network, TBS, and CNN.