A PYMNTS Company

US: Is the FCC poised to OK the AT&T DirecTV deal?

By  |  July 2, 2015

AT&T’s acquisition of satellite TV provider DirecTVmay happen any day now.

The Department of Justice has tentatively approved the $48.5 billion deal, according to a report by Bloomberg, and the acquisition now hinges on approval from the Federal Communications Commission.

The merger still needs approval from the Federal Communications Commission, which could demand concessions such as following the agency’s net neutrality rules. The deal would form the largest US pay-television company.

Justice Department officials closed their investigation without demanding any conditions.

Full content: Bloomberg

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.