Trump’s Attorney General Pick Questioned DOJ’s ‘Motivation’ in Attempt to Block AT&T-Time Warner Merger

WASHINGTON — William Barr, Donald Trump’s choice for the next attorney general, earlier this year questioned the antitrust division’s motivation for attempting to block the merger of AT&T and Time Warner. Barr, who served as attor…

WASHINGTON — William Barr, Donald Trump’s choice for the next attorney general, earlier this year questioned the antitrust division’s motivation for attempting to block the merger of AT&T and Time Warner. Barr, who served as attorney general under George H.W. Bush, was a member of the Time Warner board of directors. In February, just as […]

DOJ Settles With Six Station Groups Over Information Sharing

WASHINGTON — Six broadcast station groups have reached a settlement with the Justice Department over the sharing of competitively sensitive advertising rate information in violation of antitrust laws. The companies— Sinclair Broadcast Group…

WASHINGTON — Six broadcast station groups have reached a settlement with the Justice Department over the sharing of competitively sensitive advertising rate information in violation of antitrust laws. The companies— Sinclair Broadcast Group Inc., Raycom Media Inc., Tribune Media Company, Meredith Corp., Griffin Communications, and Dreamcatcher Broadcasting — will be prohibited from direct or indirect sharing […]

DOJ Reaches Settlement With Sinclair, Tribune Others To End Sharing Of Competitive Information

The Department of Justice said today that it has reached a settlement with six broadcast television companies, including Sinclair Broadcast Group Inc. and Tribune Media Company, to end the unlawful agreements to share non-public competitive information…

The Department of Justice said today that it has reached a settlement with six broadcast television companies, including Sinclair Broadcast Group Inc. and Tribune Media Company, to end the unlawful agreements to share non-public competitive information. The Justice Department's Antitrust Division filed a civil antitrust lawsuit today in the U.S. District Court for the District of Columbia alleging these broadcast television groups shared information that would help set…

American Cable Association Wants DOJ to Investigate Comcast-NBCU for Antitrust Violations

WASHINGTON — The American Cable Association, which represents small cable and broadband operators, is asking the Justice Department to investigate Comcast-NBCUniversal for antitrust violations, specifically citing whether Hulu was being used as a…

WASHINGTON — The American Cable Association, which represents small cable and broadband operators, is asking the Justice Department to investigate Comcast-NBCUniversal for antitrust violations, specifically citing whether Hulu was being used as a “new weapon against its rivals.” In a Nov. 6 letter to DOJ’s antitrust chief Makan Delrahim, ACA’s Matthew Polka wrote that “Comcast-NBCU’s incentive […]

DOJ’s Appeal of AT&T-Time Warner Decision Sets Date for Oral Arguments

WASHINGTON — The Justice Department’s appeal of the AT&T-Time Warner antitrust decision has been set for oral argument on Dec. 6. A panel of the D.C. Court of Appeals will hear from both sides in the case as it weighs whether to overtur…

WASHINGTON — The Justice Department’s appeal of the AT&T-Time Warner antitrust decision has been set for oral argument on Dec. 6. A panel of the D.C. Court of Appeals will hear from both sides in the case as it weighs whether to overturn all or parts of U.S. District Judge Richard Leon’s decision in favor […]

DOJ, AT&T-Time Warner Provide Conflicting Accounts of Pre-Antitrust Suit Clash

WASHINGTON — As the Justice Department pursues its appeal of a federal judge’s decision in favor of the AT&T-Time Warner merger, new court filings shed light on the tense meetings that ended with the filing of the landmark lawsuit. The …

WASHINGTON — As the Justice Department pursues its appeal of a federal judge’s decision in favor of the AT&T-Time Warner merger, new court filings shed light on the tense meetings that ended with the filing of the landmark lawsuit. The contentiousness in one key meeting revolved around the companies’ claims that they were being unfairly […]

DOJ Antitrust Chief Makan Delrahim Vows Merger Review Overhaul

In a speech today at the Global Antitrust Enforcement Symposium, Department of Justice antitrust chief Makan Delrahim outlined plans to “modernize” the merger review process, making it shorter and more effective.
“There is widespread …

In a speech today at the Global Antitrust Enforcement Symposium, Department of Justice antitrust chief Makan Delrahim outlined plans to “modernize” the merger review process, making it shorter and more effective. “There is widespread agreement that significant merger reviews are taking longer to complete.” he said during the event at Georgetown University. Delrahim vowed that his division will render a decision on a merger within 60 days, provided several key criteria are…

How Hubris Cost Sinclair Its Acquisition of Tribune

WASHINGTON — A number of big media mergers have been scrapped in the face of regulatory opposition. The Sinclair-Tribune transaction didn’t just get canceled; it had a spectacular crash and burn. The $3.9 billion combination would have crea…

WASHINGTON — A number of big media mergers have been scrapped in the face of regulatory opposition. The Sinclair-Tribune transaction didn’t just get canceled; it had a spectacular crash and burn. The $3.9 billion combination would have created a dominant broadcast giant with more than 200 stations across the country, allowing Sinclair to scale up […]

DOJ To Review Paramount Consent Decrees Governing How Studios Distribute Movies To Theaters

The Justice Department said it will review the Paramount Consent Decrees that have governed how studios distribute films to movie theaters for the last 70 years.
The DOJ announced this spring that it would begin examining older antitrust decisions to i…

The Justice Department said it will review the Paramount Consent Decrees that have governed how studios distribute films to movie theaters for the last 70 years. The DOJ announced this spring that it would begin examining older antitrust decisions to identify those that no longer protect competition. Antitrust Division chief Makan Delrahim initiated the review because these legacy decrees are open-ended. In the case of the Paramount Decrees, the same rules have been on…

DOJ Antitrust Head: Fox-Disney Deal “A Victory For American Consumers”

With intrigue swirling about his dogged quest to block AT&T’s merger with Time Warner, Department of Justice antitrust chief Makan Delrahim is defending regulators’ speedy approval of Disney’s bid to buy 21st Century Fox assets.
I…

With intrigue swirling about his dogged quest to block AT&T’s merger with Time Warner, Department of Justice antitrust chief Makan Delrahim is defending regulators’ speedy approval of Disney’s bid to buy 21st Century Fox assets. In an op-ed piece in the Washington Times published as his…

DOJ Appeals Judge’s Decision Allowing AT&T-Time Warner Merger

Not so fast, AT&T.
After a flurry of corporate blue-skying over the past month since the official close of the company’s merger with Time Warner, antitrust regulators at the Department of Justice have filed an appeal of the judge’s deci…

Not so fast, AT&T. After a flurry of corporate blue-skying over the past month since the official close of the company’s merger with Time Warner, antitrust regulators at the Department of Justice have filed an appeal of the judge’s decision that allowed it to happen. The appeal comes after the closing of the $85 billion deal, meaning a positive outcome for the government in its latest effort would entail a breakup not unlike those AT&T has been forced to cope with over…

How the Disney-Fox Deal Got DOJ’s Greenlight Quicker Than Expected

WASHINGTON — The Justice Department’s approval of The Walt Disney Co.’s purchase of Fox assets is quicker than Wall Street analysts and others were expecting — and it certainly has implications as Comcast weighs whether to count…

WASHINGTON — The Justice Department’s approval of The Walt Disney Co.’s purchase of Fox assets is quicker than Wall Street analysts and others were expecting — and it certainly has implications as Comcast weighs whether to counter its counter offer. UBS’s Media and Pay TV analysts called it a “FastPass approval,” while MoffettNathanson wrote that […]

AT&T-Time Warner, DOJ Await Decision in Antitrust Trial

WASHINGTON — Seven hours before a federal judge is scheduled to deliver his ruling in the AT&T-Time Warner antitrust trial, long lines already began to form on the sixth floor of the D.C. federal courthouse. The decision, to be announced duri…

WASHINGTON — Seven hours before a federal judge is scheduled to deliver his ruling in the AT&T-Time Warner antitrust trial, long lines already began to form on the sixth floor of the D.C. federal courthouse. The decision, to be announced during a 4 p.m. ET hearing, has huge stakes. AT&T-Time Warner is hoping for a […]

Top Antitrust Official Vigorously Defends Decision To Sue AT&T: “The Irony In That Case Is Rich”

Speaking on the same day a federal judge is set to deliver a high-stakes ruling in the government’s lawsuit aiming to block AT&T’s merger with Time Warner, top U.S. antitrust regulator Makan Delrahim vigorously defended the legal attack…

Speaking on the same day a federal judge is set to deliver a high-stakes ruling in the government’s lawsuit aiming to block AT&T’s merger with Time Warner, top U.S. antitrust regulator Makan Delrahim vigorously defended the legal attack. “The irony in that case is rich,” Delrahim said of the months-long battle over the $85 billion deal, during which his role and the White House’s perspective came under scrutiny. His remarks came at the start of a day-long forum hosted by…

AT&T-Time Warner Trial: Testimony Ends, Closing Arguments Set for Monday

WASHINGTON — Testimony in the AT&T-Time Warner trial wrapped up on Thursday, with the marathon antitrust case concluding on Monday with closing arguments. Attorneys for both sides shook hands with each other after Judge Richard Leon praised t…

WASHINGTON — Testimony in the AT&T-Time Warner trial wrapped up on Thursday, with the marathon antitrust case concluding on Monday with closing arguments. Attorneys for both sides shook hands with each other after Judge Richard Leon praised the legal teams for their preparations. “Both sides deserve a lot of beers at a minimum.” There was […]

AT&T-Time Warner Trial: Expert Witness Blasts DOJ Claims of Merger Harms

WASHINGTON — An expert witness for AT&T-Time Warner spent much of Thursday blasting the methodology behind the government’s claims of the merger’s harm to consumers, even concluding that “on average prices will go down.” Dennis Carlton, a professor at the University of Chicago, refuted claims made just a day earlier by Carl Shapiro, the government’s […]

WASHINGTON — An expert witness for AT&T-Time Warner spent much of Thursday blasting the methodology behind the government’s claims of the merger’s harm to consumers, even concluding that “on average prices will go down.” Dennis Carlton, a professor at the University of Chicago, refuted claims made just a day earlier by Carl Shapiro, the government’s […]

Antitrust Chief Makan Delrahim Praises John Oliver for ‘Last Week Tonight’ Segment

WASHINGTON — When John Oliver skewered lax enforcement of antitrust laws in a segment last year on “Last Week Tonight,” he had a fan in the Trump administration: Makan Delrahim, the chief of the Justice Department’s antitrust division. “He did a great piece, about 17 minutes on antitrust law, and he goes through all this, […]

WASHINGTON — When John Oliver skewered lax enforcement of antitrust laws in a segment last year on “Last Week Tonight,” he had a fan in the Trump administration: Makan Delrahim, the chief of the Justice Department’s antitrust division. “He did a great piece, about 17 minutes on antitrust law, and he goes through all this, […]

Senator Asks DOJ to Take Another Look at Comcast-NBCUniversal Merger

Sen. Richard Blumenthal (D-Conn.) said that he has asked that the Justice Department to investigate the Comcast-NBCUniversal merger and whether it will pose a threat to consumers after conditions to the transaction expire in September, 2018. He referenced the transaction, approved by the Justice Department and the FCC in 2011, at a Senate Judiciary subcommittee […]

Sen. Richard Blumenthal (D-Conn.) said that he has asked that the Justice Department to investigate the Comcast-NBCUniversal merger and whether it will pose a threat to consumers after conditions to the transaction expire in September, 2018. He referenced the transaction, approved by the Justice Department and the FCC in 2011, at a Senate Judiciary subcommittee […]

Disney-Fox: Will Trump Regulators Who Nixed AT&T-Time Warner Cry Foul Again?

As Disney gets set to announce its acquisition of 21st Century Fox assets, reportedly on Thursday, Hollywood and Wall Street are swooning so much they have almost forgotten their other recent obsession: the fate of the even bigger AT&TTime Warner deal.
The momentum of one deal just as the other one moves sideways is prompting this question: Given the formidable scale of the combined company, will the Murdoch family’s game-changing move trigger the same regulatory…

As Disney gets set to announce its acquisition of 21st Century Fox assets, reportedly on Thursday, Hollywood and Wall Street are swooning so much they have almost forgotten their other recent obsession: the fate of the even bigger AT&T-Time Warner deal. The momentum of one deal just as the other one moves sideways is prompting this question: Given the formidable scale of the combined company, will the Murdoch family’s game-changing move trigger the same regulatory…

Trial Date Set For U.S. Government’s Bid To Block AT&T-Time Warner Deal

Splitting the difference between AT&T’s request for a trial date in February and the government’s interest in beginning as late as May, the judge in the closely watched antitrust battle said the trial will begin March 19.
During a pre-trial hearing, U.S. District Court Judge Richard Leon in Washington established middle ground between AT&T’s request for Feb. 20 and the government’s preference of May 7.
At issue is AT&T’s proposed $85 billion takeover of Time Warner, a…

Splitting the difference between AT&T’s request for a trial date in February and the government’s interest in beginning as late as May, the judge in the closely watched antitrust battle said the trial will begin March 19. During a pre-trial hearing, U.S. District Court Judge Richard Leon in Washington established middle ground between AT&T’s request for Feb. 20 and the government’s preference of May 7. At issue is AT&T’s proposed $85 billion takeover of Time Warner, a…

AT&T Boss Randall Stephenson: “We’re Prepared To Make Concessions” To DOJ–But Hands Off CNN

Speaking today at the Economic Club of New York, AT&T chief Randall Stephenson said the company is “prepared to make concessions” to the government in order to win approval of its long-gestating acquisition of Time Warner.
One major no-fly zone, however, remains CNN, Stephenson warned. (See full video below.)
“We’re going to do nothing that would lend credence to an idea that we’re actually making concessions to address somebody’s concerns with CNN,” Stephenson…

Speaking today at the Economic Club of New York, AT&T chief Randall Stephenson said the company is “prepared to make concessions” to the government in order to win approval of its long-gestating acquisition of Time Warner. One major no-fly zone, however, remains CNN, Stephenson warned. (See full video below.) "We're going to do nothing that would lend credence to an idea that we're actually making concessions to address somebody's concerns with CNN," Stephenson…