AT&T merger judge says 'no big issues' in trial preparations [telecom]

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WASHINGTON (Reuters) - The U.S. judge who will decide if wireless and
pay TV provider AT&T Inc may purchase Time Warner Inc said on Friday
that he saw "no big issues" in pre-trial preparations.

The Justice Department has said that the $85 billion deal is illegal
because AT&T, once it owned movie and television show maker Time
Warner, would have the ability and incentive to raise prices that it
charges cable, satellite and streaming rivals for Time Warner's
content.

--  
Bill Horne
(Remove QRM from my email address to write to me directly)

Re: AT&T merger judge says 'no big issues' in trial preparations [telecom]
On Saturday, February 3, 2018 at 12:45:53 PM UTC-5, Bill Horne wrote:
Quoted text here. Click to load it

FWIW, in my humble opinion this sale should not go through.  Indeed, I
never liked that Time Inc. and Warner Bros. merged years ago, or that
Comcast owns Universal and NBC.

The dangers of very large companies are several: . too much power over
the marketplace, causing prices to go up and selection to go down.

* too much power over hiring, causing wages and working conditions to
  go down, and leaving workers with fewer options to change jobs.

* too much power over purchasing, forcing suppliers to sell at tiny
  profits.  Walmart, being the retail powerhouse, is known to do this
  to suppliers.

* "too big to fail".  If the company gets into trouble (more likely
  when it's oversized), there are so many people adversely impacted
  that a govt taxpayer bailout becomes necessary.

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