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.
2018-12-09 08:44:00 Sunday ET
President Trump meets with Chinese President Xi again at the G20 summit in the city of Buenos Aires, Argentina, in late-November 2018. President Donald Trum
2018-10-01 07:33:00 Monday ET
President Trump announces the new trilateral trade agreement among America, Canada, and Mexico: the U.S.-Mexico-Canada Agreement (USMCA) replaces and revamp
2019-11-07 14:36:00 Thursday ET
America expects to impose punitive tariffs on $7.5 billion European exports due to the recent WTO rule violation of illegal plane subsidies. World Trade Org
2020-08-01 07:28:00 Saturday ET
Technological advances, geopolitical risks, and pandemic outbreaks cannot shake investor confidence in the American dollar as the global reserve currency.
2018-01-01 06:30:00 Monday ET
As former chairman of the British Financial Services Authority and former director of the London School of Economics, Howard Davies shares his ingenious ins
2019-08-20 07:33:00 Tuesday ET
The recent British pound depreciation is a big Brexit barometer. Britain appoints former London mayor and Foreign Secretary Boris Johnson as the prime minis