AT&T Faces US Antitrust Suit Over Time Warner Deal
21 November, 2017, 01:24 | Author: Sheri Evans
The DoJ had been said to be mulling such an action since earlier this month, with some expressing concern that the move was politically motivated given President Donald Trump's intermittent social media attacks on CNN, Time Warner's flagship news network.
The Justice Department on Monday sued to hinder AT&T's $85.4 billion offer for Time Warner, setting up a standoff over the main blockbuster obtaining to precede the Trump organization.
AT&T CEO Randall Stephenson said the idea his company would be too powerful after the deal "borders on the comical".
Last week, the Justice Department had approached 18 state attorneys general asking them to join the challenge of the deal, but as of Monday none had publicly agreed to do so, Reuters reported.
The deal announced more than a year ago would merge vast content of Time Warner units like premium cable channel HBO and news channel CNN with the massive internet and pay TV delivery networks of AT&T. "It would mean higher monthly television bills and fewer of the new, emerging innovative options that consumers are beginning to enjoy".
The lawsuit would be the first time in decades the DOJ has sued to block a so-called "vertical deal" between two companies that aren't direct competitors.
Apple delays the HomePod speaker until 2018
Amazon invented the category in 2015 with the Echo, and there are now similar options available from Google, Microsoft and Sonos. Although Siri was early to the voice assistant party, the company is late to the smart speaker trend.
Consumer advocates have also been advocating against the approval of the merger, warning about the harms of continued consolidation in the telecom and media industries.
The Justice Department's lawsuit cited internal Time Warner documents that said long-term contracts to host live sporting events like college basketball and baseball would help allow it to achieve "targeted rate increases".
SADC intervenes as Zimbabwe crisis rages on
On Thursday, Mugabe, the military detaining him and a special South African envoy met for negotiations. The South African delegation is in Harare to help find a solution to the country's political crisis.
The Southern Cal product had an excellent first game and the Giants may have found a 23-year-old lineman for down the road. The Chiefs received the ball first just as it looked like their offense was ready to start rolling. "There is parity.
It only took two Saints RB Mark Ingram Jr. runs for 20 and 31 yards respectively to get New Orleans into field goal range. Swearinger interception which Washington converted into three points with a 38-yard Nick Rose field goal.
"And to think that just last week he was lecturing anyone who would listen about sexual harassment and respect for women". The former " Saturday Night Live " writer and cast member has been an outspoken critic of Trump's administration.
The Bills responded back in a major way, as running back LeSean McCoy on two plays was responsible for Buffalo's tying touchdown. NOTES: Bills WR Kelvin Benjamin (knee) was injured on his lone reception of the game in the first quarter and didn't return.
Funding for the Salvation Army Cortland Center's First Annual Thanksgiving Basket Giveaway was provided by the Ralph R. Other donations will be collected in red kettles by bell ringers at retail locations around North Platte.
It's just that Kim hasn't fully explained the situation to her children, North and Saint, and didn't want things to be awkward. So I have to figure that out first before they really see, and then if we're celebrating, you know, her ...
Considering what a wild year it's been for Gomez, we're glad to see she's having fun with trying out different hairstyles. If you missed out on the show don't fret, we have a list of celebrities who managed to make a statement with their look.
The American Music Awards are finally here, and you're not the only one excited for the night of glamour and musical delights. Social media fell in love with his dance moves and his adorable speech at the end.
Forty-one years later, the USA hasn't ruled out first-strike nuclear options and is unlikely to do so during Trump's tenure. If Donald Tump ordered a nuclear strike that was not legal , the top U.S. nuclear commander says he would not carry it out.
Legendary singer Bon Scott, who spit out the growling vocals that are still iconic today died in 1980 after a drinking binge. It was later revealed he had been diagnosed for dementia. "His loyalty to the fans was unsurpassed", he wrote.
He says he told Sini to come with him, and she voluntarily went to dinner with him, knowing Sherin would be left alone. According to police documents, he said she started choking, "coughing and her breathing slowed".
Trump declares North Korea a state sponsor of terrorism
Earlier this month, another North Korean media outlet said Mr Trump was " sentenced to death " for his attacks on Mr Kim. North Korea was taken off the USA list of state sponsors of terror in 2008 during nuclear negotiations with the George W.
Church leaders who oppose Roy Moore hold rally
Speaking with reporters in Alabama, Ivey said she has "no reason to disbelieve" the women who have accused Moore of sexual abuse. Roy Moore has been in public service for decades, and the accusations did not arise until a month before the election.
3 takeaways from the loss to Wisconsin
He was hit hard by Wisconsin linebacker Andrew Van Ginkel after releasing a third-down pass and needed to be carted off the field. For a team that has earned its reputation as reliable and boring this year, No. 5 Wisconsin sure can flip a game in a hurry.
Province moves to end college faculty strike
NDP House Leader Gilles Bisson said the government has the tools to pass the legislation over the weekend. Lavoie said she was also anxious about how her course material can be condensed to finish the semester.
AAA: 2017 to have most Thanksgiving travelers in 12 years
Prices this year are likely to be the highest since 2014, but should be lower than what motorists were paying earlier this month. A robust U.S. economy is driving across-the-board travel this season, according to the 115-year-old automobile association.
Tory rebels on verge of forcing government to drop Brexit date
The Brexit Committee's intervention will bolster rebel hopes of defeating it if ministers insist on pressing ahead with a vote. Brexit Secretary David Davis said this morning that "how it's done and what the form of it is being debated in the House".