Government Move to Block AT&T Merger Bodes Ill for Tech
Government Move to Block AT&T Merger Bodes Ill for Tech
Business, Spoken · SpokenLayer
November 24, 20175m 46s
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Show Notes
The Justice Department filed a lawsuit Monday to block AT&T's planned $85 billion acquisition of Time Warner, in a move that could signal tougher scrutiny for tech companies. The lawsuit breaks with the recent DOJ tradition of approving mergers between companies that don't directly compete, such as AT&T and Time Warner. The government followed that traditional thinking in allowing Comcast to acquire NBCUniversal in 2011.
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