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AT&T and the Danger of ‘Vertical Integration’

By  |  November 28, 2017

Posted by Wall Street Journal

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    AT&T and the Danger of ‘Vertical Integration’

    By Irwin Stelzer

    No one should be surprised by the Justice Department’s attempt to block AT&T’s $85 billion bid to acquire Time Warner. Neither economic theory nor recent experience suggests there is anything novel about the antitrust theory underlying the government’s position.

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