AT&T's Government Distress Signal [telecom]

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- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Look who wants the feds to help with a price negotiation.

The Justice Department sued to block AT&T's merger with Time Warner on grounds that it would increase the telecom company's leverage in contract disputes. There was no real-world evidence to support this, and now there's real-world evidence refuting it. Witness how AT&T is now begging the government for help in price negotiations with local broadcast stations.