Trump says mergers like AT&T/Time Warner ‘destroy democracy’
When President-elect Donald Trump takes office next month, one of the biggest items awaiting his Justice Department will be the antitrust review of the proposed $85 billion merger of AT&T and Time Warner, a deal that could have major ramifications for online video and TV distribution arrangements.
Trump addressed the proposed acquisition when it was announced in October while on the campaign trail, saying in no uncertain terms that he opposed the deal on the grounds that the combined entity would hold too much market power. Many consumer advocates feel the same way.
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