Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

AT&T Cleared by Judge to Buy Time Warner

variety.com

Post reply on HN
Print view View original

51–60 of 284 posts

Re: AT&T Cleared by Judge to Buy Time Warner

#51

Post by ergothus »

staunch wrote: post #35

Technology will help the citizenry destroy these evil megacorps. It's just a matter of time and some improvements in technology. The world where ABC/CBS/NBC/NYTimes/Time/etc could control what people think is over. In the near future we will have a much more educated populace. They will flex their power in ways that seem unimaginable now. When the information revolution finally arrives, these megacorps will be the fi…

Are you trying for irony? Given that this is just one of several recent cases where companies are locking down the technology that informs people - the technology you are counting on to take on these corps.

Re: AT&T Cleared by Judge to Buy Time Warner

#53

Post by amyjess »

davyson wrote: post #5
chimeracoder wrote: post #2

Here's a neutral article (as opposed to a press release) with some more of the history and significance: https://www.dallasnews.com/business/att/2018/06/12/att-wins-...

That link is not available from Europe #GDPR.

I made an archive link for you: https://archive.fo/qVRU1

Re: AT&T Cleared by Judge to Buy Time Warner

#56

Post by jld »

dm8 wrote: post #42
trynumber9 wrote: post #22

The DOJ had tried to stop the deal[1] but it appears that the court ruled it could carry on [2]. Assistant Attorney General Makan Delrahim said in a statement the DOJ was "disappointed with the Court's decision today. We continue to believe that the pay-TV market will be less competitive and less innovative as a result of the proposed merger between AT&T and Time Warner. We will closely review the Court's opinion and…

Can they appeal the case in higher courts?

The merger is set to close next Monday. DOJ can file for a stay, but the judge warned them that would be unwise.

I think the DOJ will just take it as a loss.

Re: AT&T Cleared by Judge to Buy Time Warner

#57

Post by walshemj »

traek wrote: post #36

NB this is "Time Warner the media company", not Time Warner Cable (which is now Spectrum.) This isn't broadband consolidation but rather media/entertainment consolidation. The deal is most closely comparable to Comcast's acquisition of NBCUniversal in 2011.

Which is what a lot of ex telecoms monopolies are doing as they cant really grow organically anymore another example is BT sport funny how Murdoch's press started bashing BT after they started competing with Sky

Re: AT&T Cleared by Judge to Buy Time Warner

#59

Post by hermitdev »

aurailious wrote: post #55
gzu wrote: post #21

It’s crazy to me how one judge gets to decide the fate of a 100 billion dollar merger. Humans are fallible.

Well, the judge has to base the decision on a whole bunch of laws. It's not like judges get to decide this on their own.

Except when they do. Activist judges & judicial legislation [0] are not a new thing.

[0] https://www.merriam-webster.com/dictionary/judicial%20legisl...

Re: AT&T Cleared by Judge to Buy Time Warner

#60

Post by dang »

Merging the threads now. Submitted URLs so far, besides this one:

https://www.nytimes.com/2018/06/12/business/dealbook/att-tim...

https://www.cnbc.com/2018/06/12/att-time-warner-ruling.html

https://www.dallasnews.com/business/att/2018/06/12/att-wins-...

http://about.att.com/story/att_to_acquire_time_warner.html

If anyone knows a significantly better URL for this submission, let us know and we can change it again.

Post reply on HN