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Department of Justice wants to block AT&T-Time Warner merger (CNET News)

2018-03-21
the DOJ is suing AT&T to stop its merger with Time Warner AT&T is one of the largest wireless and broadband companies in the country and it already controls Internet access for millions of consumers meanwhile Time Warner is one of the major media brands in the u.s. it owns popular content like HBO's Game of Thrones and so the fear here from the Justice Department is that this combined company will use its market power to unfairly jack up prices for competitors and this will ultimately lead to higher prices for consumers ATT and Time Warner say this has nothing to do with trying to run their competitors out of business this is about survival they see companies like Amazon and Netflix as their competitors of the future so in order for them to be able to compete in this new media landscape they really need to combine efforts it's no secret that President Trump is no fan of CNN which is owned by Time Warner and when this deal was first announced Trump said from the campaign trail that he would block it he said that it would put too much control in the hands of one company but a lot of people are wondering if Trump who is usually very pro-business is really just getting the DOJ to block this deal to punish CNN that's a really great question and it's one that AT&T and Time Warner's lawyers have been asking they say that Comcast is also a very large broadband company NBC Universal was also a really big media brand and the government seemed to be fine allowing those two companies to combine and so they say that it looks like the data DOJ is selectively deciding when to enforce its antitrust laws however this case shakes out it's a big deal for consumers the media landscape is changing so drastically and so dramatically people are no longer subscribing to paid TV services instead you've got a lot of cord cutting and people streaming content from places like Netflix and Amazon so it's completely changed things and meanwhile the wireless industry is in an all-out price war which has been driving down prices and forcing companies like AT&T to look for revenue and other places and all of this has been really great for consumers but where do things go from here who's going to be the company that that offers the shows that you want to watch and that is in part I think going to be answered by the outcome of this case so stay tuned
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