2018-06-07 10:36:00 Thu ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
AT&T wins court approval to take over Time Warner with a trademark $85 billion bid despite the Trump administration prior dissent due to antitrust concerns. This court approval involves no additional conditions on the prospective mega merger between AT&T and Time Warner. As a consequence, Time Warner's share price has surged by 5% since this unconditional court approval, whereas, AT&T's share price shows less volatile gyrations.
Both companies hope to better compete with Netflix, Amazon, Comcast, DirecTV and other online video content providers. Prior antitrust critics suggest that the joint company might lead to anti-competitive issues with greater market concentration. This mega merger might result in higher oligopolistic markups to the detriment of U.S. consumers, this probable merger remains open to controversy.
A powerful combination of Trump tax cuts, low capital costs, robust corporate net gains, and balance sheet capital improvements drive the current appetite for new mergers and acquisitions. In the first half of the current fiscal year, we witness $978 M&A deals at a pivotal point in real business cycles with both full employment and low inflation. As many unicorns package themselves as potential M&A targets for tech titans, the current M&A wave boosts the aggregate demand for high-skill R&D patents and tech talents. During the Trump economic boom, the current M&A wave seems to start with telecom-and-media mergers.
Comcast may next target acquiring Fox in America or Sky in Europe, and T-Mobile and Sprint may form a $150 billion company to better compete with the top wireless communication rivals Verizon and AT&T. These mega M&A deals can spill over to other industries such as big banks, technology titans, and pharmaceutical giants.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2023-12-09 08:28:00 Saturday ET

International trade, immigration, and elite-mass conflict The elite model portrays public policy as a reflection of the interests and values of elites. I
2016-11-09 00:00:00 Wednesday ET

Universally dismissed as a vanity presidential candidate when he entered a field crowded with Republican talent, the former Democrat and former Independent
2023-03-21 11:28:00 Tuesday ET

Barry Eichengreen compares the Great Depression of the 1930s and the Great Recession as historical episodes of economic woes. Barry Eichengreen (2016)
2017-03-03 05:39:00 Friday ET

As the biggest IPO since Alibaba in recent years, Snap Inc with its novel instant-messaging app SnapChat achieves $30 billion stock market capitalization.
2026-07-01 11:29:00 Wednesday ET

In recent years, higher American economic growth has been impressive both by historical standards and in comparison to the rest of the world. American excep
2018-03-27 07:33:00 Tuesday ET

CNBC's business anchorwoman Becky Quick interviews Nobel Laureate Joseph Stiglitz on the current trade war between America and China. As America imposes