U.S. worried AT&T buying Time Warner would hike costs for media rivals: source

WASHINGTON (Reuters) – The U.S. Justice Department is concerned that AT&T Inc’s proposed $85.4 billion acquisition of Time Warner Inc would raise costs for rival entertainment distributors, a source familiar with the matter told Reuters on Thursday.


Source: Reuters

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>