Almost as soon as word leaked out Friday about AT&T’s plan to buy Time Warner (the companies formally announced the deal late Saturday), politicians from both major parties lined up to oppose it.
Donald Trump and Sens. Tim Kaine, Bernie Sanders and Al Franken all
either raised questions about the merger or outright called for the
government to block it. Sens. Mike Lee, R-Utah, and Amy Klobuchar,
D-Minn., who lead the Senate’s antitrust subcommittee, promised to hold hearings on the deal. In the coming months, we’ll hear lots more about vertical versus horizontal integration, market concentration and the implications of consolidation in the media industry.
Read more: AT&T’s Merger Could Be A Bad Sign For The Economy | FiveThirtyEight
Donald Trump and Sens. Tim Kaine, Bernie Sanders and Al Franken all
either raised questions about the merger or outright called for the
government to block it. Sens. Mike Lee, R-Utah, and Amy Klobuchar,
D-Minn., who lead the Senate’s antitrust subcommittee, promised to hold hearings on the deal. In the coming months, we’ll hear lots more about vertical versus horizontal integration, market concentration and the implications of consolidation in the media industry.
Read more: AT&T’s Merger Could Be A Bad Sign For The Economy | FiveThirtyEight
