A media giant in the balance: AT&T antitrust trial kicks off

6 years ago
Anonymous $gIi3-PxxKB

https://finance.yahoo.com/news/media-giant-balance-t-antitrust-142148783.html

AT&T says it needs to gobble up Time Warner if it's to have a chance against the likes of Amazon, Netflix and Google in the rapidly evolving world of video entertainment.

The Justice Department's antitrust lawyers say that if AT&T and Time Warner are allowed to combine, consumers will end up paying more to watch their favorite shows, whether on a TV screen, smartphone or tablet.