Promises, Promises From AT&T, by the Neew York Times Editorial Board delves deep into the antitrust concerns with the newly announced AT&T-Time Warner merger.
AT&T’s $85.4 billion acquisition of Time Warner would transform it from a landline, wireless and satellite TV company into one of the most important media gatekeepers in the country, giving it a strong financial incentive to use its programming to hammer competitors.
The company agreed to pay Time Warner, which owns Warner Bros. studios, HBO, CNN, TNT and other TV channels, a 35 percent premium over its market value. AT&T executives say the deal would benefit its customers by leading to new innovations. But it would only be logical for the company to use Time Warner’s trove of movies and TV programming to keep and attract subscribers to AT&T while making it harder or more expensive for competing telecom and streaming companies to get access to that content.
Full Content: New York Times
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
College Sports Leaders in Intensive Talks to Settle NIL Antitrust Case Against NCAA
Apr 30, 2024 by
CPI
EU Investigates Facebook’s and Instagram’s Handling of Disinformation Ahead of Elections
Apr 30, 2024 by
CPI
Antitrust Lawsuit Targets Hotel Giants for Alleged Price Fixing with AI
Apr 30, 2024 by
CPI
ABA Seeks to Join FTC Lawsuit Against Amazon Over Antitrust Concerns
Apr 30, 2024 by
CPI
Google Agrees to Pay News Corp for AI-Related Content
Apr 30, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI