Anti-Trust is, apparently, dead.
"Competition is good" -- Capitalist mantra.
Trump loses again.
There are 1500 newspapers, 1100 magazines, 9000 radio stations, 1500 TV stations, and 2400 publishers in the US. All owned by 6 corporations. We don't need more mergers.
I usually don't like these big mergers, but I like this one! #F-Trump
Content is king and these media conglomerates are dependent on a steady flow of new content. The public has shown before they will jump on new content that comes out of the woodwork from unknowns operating outside of the established conglomerates before. Just being big is no guarantee you can make a good movie or tv show.
We have a lot of goofy people here.
Folks your bills were already going up with or without this merger.
The merger doesn’t affect this fact.
AT&T probably payed off this judge like they payed off Cohen earlier in the year.
federal judge will now be quitting the bench and joining Fox news. Wonder if the money he received from AT&T is in a Russian bank? My cable bill is 166.00 dollars a month. Cable will be gone soon. Maybe the phone.
And the wealthy smile. Sanders is correct.
There goes your internet bill through the roof.
OK everybody it’s time to disconnect because things are about to get even more expensive. Nothing on cable or the Internet anyway.
No wonder my rates are going up.
What was this judge thinking?!
Not the cable company folks: The acquisition will create one of the most powerful companies in global media, marrying AT&T's widespread consumer distribution capabilities with the crown jewels of Time Warner, including HBO, Warner Bros. film and TV studios, and TV channels including CNN, TNT and TBS.
Now we can add cable to "no good phone plans" out there. Hope they don't go after Verizon wireless next!
Another court case Trump lost, it appears this case was filed by DOJ because he (Trump) doesn't like CNN correcting his lies.
Don’t worry guys once musks global satellite internet network is in place these providers are going to be done for. Cheap access to gig internet with low latency without the need for expensive fiber infrastructure is a recepie for disaster for cable companies
Vertical merger. No evidence of Higher costs for customers because head to head competition is still preserved.
However I expect Trump to ask for an injunction...
... just because he’s a stubborn vindictive dictator wannabe.
here we go.....no more net neutrality and entertainment/cable conglomerates -- soon cable boxes will be a thing of the past and all programming will be either fast-streamed or effectively blocked depending upon the packages you buy....choices will be less, not more.
Trumps motto should be "America's Wealthy First!" This is going to take a long time to fix what this imbecile has broken.
This type of move is never in favor of the consumer.
Netflix,Google,Facebook, & Comcast have already assembled more content and ad revenue so the argument to government made to block the merger was laughable. The entertainment business has evolved and ATT is just trying to stay in the game.
It appears Donald has been slapped in the face yet again...you'd think he would be tired by now...
In a bizarre twist of fate, Trump's removal of the net neutrality provisions, have actually promoted large media and content companies to merge, since it does give them more options to offer more quality programming...and potentially at lower prices too...
This mega-merger of AT&T and Time Warner along with the recent repeal of Net Neutrality gives many web and cable consumers less, not more, choice. Wringing more and more efficiencies to compete with rivals in any business helps improve a company's bottom line but what happens when those rivals dwindle to only a few? The incentive to keep prices low is far less if your competitors such as Verizon are also seeking to consolidate and grow larger. In the process of acquiring massive debt and huge obligations to shareholders through these mergers, the remaining players in this game of musical chairs must inevitably raise prices as well. Cord-cutters sharpen your scissors.
Those of us who use these services will be paying more, less competition equals higher prices.
Ha, ha! I'd love to be there when Donnie boy finds out. There'll be some ranting tweets about how Sessions screwed up again to be sure.
Just soooo much winning !!
"The Trump Justice Department had sued to block the $85 billion merger, arguing that it would hurt competition in cable and satellite TV and jack up costs to consumers for streaming TV and movies."
Wait a second - I agree with the Trump administration on something??? This is...uncomfortable.
Great. Just what we need; still further concentration of control of our corporate media.
We are so screwed......
"Leon said the government failed to prove that the merger would lead to higher prices and other ham to consumers"
Dont block me from more ham. Can they throw in some bacon too?
They should call the new company AOL. Except without the A. And starting with an S. That way expectations based on the new name would match up with the quality of experience for their current customers.
Prepare to pay more for less.
Behemoth corporations are already too big to function effectively and the bigger they are, the worse the product and delivery gets.