2017-11-05 09:45:00 Sun 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
President Trump criticizes the potential media merger between AT&T and Time Warner, the latter of which owns the anti-Trump media network CNN. President Trump thinks this deal is "not good for the country" because consumers would have to pay more with serious and rampant antitrust concerns. In recent times, Justice Department has sued to block AT&T's $85.3 billion bid for Time Warner. This lawsuit sets up a showdown over a blockbuster acquisition that the Trump administration deems to weaken competition in the capricious media landscape.
This legal battle differs starkly from the Obama administration's approval of a similar deal by Comcast to acquire NBC Universal Media in 2011. If AT&T's bid for Time Warner were to proceed, the merger would create a media and tele-communication behemoth. With its 2015 acquisition of the largest U.S. satellite company DirecTV, AT&T became the largest television distribution in America. Should AT&T be able to acquire Time Warner, the joint company would possess a non-rivalrous capability to reach consumers through news and entertainment programs with Time Warner's unique content distribution of Games of Thrones, Wonder Woman, Harry Potter, CNN news, TNT sports, and so forth. The law of inadvertent consequences counsels caution.
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.
2017-08-07 09:39:00 Monday ET
Global financial markets suffer as President Trump promises *fire and fury* in response to the recent report that North Korea has successfully miniaturized
2018-05-13 08:33:00 Sunday ET
Incoming New York Fed President John Williams suggests that it is about time to end forward guidance in order to stop holding the financial market's han
2019-04-09 11:29:00 Tuesday ET
The U.S. Treasury yield curve inverts for the first time since the Global Financial Crisis. The key term spread between the 10-year and 3-month U.S. Treasur
2020-05-14 12:35:00 Thursday ET
Disruptive innovators can better compete against luck by figuring out why customers hire products and services to accomplish jobs. Clayton Christensen, T
2018-09-15 11:35:00 Saturday ET
Apple releases its September 2018 trifecta of smart phones or iPhone X sequels: iPhone Xs, iPhone Xs Max, and iPhone XR. Both iPhone Xs and iPhone Xs Max ha
2018-03-25 08:39:00 Sunday ET
President Trump imposes punitive tariffs on $60 billion Chinese imports in a brand-new trade war as China hits back with retaliatory tariffs on $3 billion U