Trump administration files suit to block AT&T/Time Warner merger

Enlarge / AT&T will own a bunch of new media properties if it is allowed to buy Time Warner. (credit: Aurich Lawson)

The Trump administration’s Department of Justice (DOJ) today filed a lawsuit to block AT&T’s proposed acquisition of Time Warner Inc.

AT&T has been the nation’s largest pay-TV company since it acquired DirecTV in 2015. Acquiring Time Warner and its stable of popular TV programming would give the company too much control over programming and distribution, the DOJ said.

Together, AT&T and Time Warner would attempt to impede competition from online video distributors and raise prices on rivals that want access to Time Warner programming, the DOJ alleged.

Read 13 remaining paragraphs | Comments

Ars Technica

Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.