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.
2018-02-27 09:35:00 Tuesday ET

Fed's new chairman Jerome Powell testifies before Congress for the first time. He vows to prevent price instability for U.S. consumers, firms, and finan
2019-02-09 08:33:00 Saturday ET

Apple provides positive forward guidance on both revenue and profit forecasts for iPhones, iPads, and MacBooks. In the Christmas 2018 festive season, MacBoo
2018-12-07 11:35:00 Friday ET

Fed Chair Jerome Powell hints slower interest rate increases because the current rate is just below the neutral threshold. NYSE and NASDAQ share prices rebo
2027-04-30 12:31:00 Friday ET

In recent years, the current AI-driven stock market rally may or may not turn out to be another major asset bubble in global human history. For the pract
2020-07-05 11:31:00 Sunday ET

Business entrepreneurs dare to dream, remain true and authentic to themselves, and try to make a great social impact in the world. Alex Malley (2014)
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