On Sunday, AT&T agreed to acquire DirecTV for $48.5 Billion:
http://www.reuters.com/article/2014/05/19/us-directv-att-idUSBREA4B0W220140519
Although AT&T is saying this deal will allow them to supply superior services to customers, some consumers and regulators are concerned because the AT&T-DirecTV merger would effectively cut the number of video
providers from four to three for about 25 percent of U.S. households. Such a situation could result in higher prices for consumers.
Should the government challenge this merger?
Wow some corporations are really getting powerful. Apple just bought Dre Beats and I know many companies are buying out others.
ReplyDeletei do not think the merger should be challenged. i read them both, and it does not seem that would be a problem given that the trend for dish and cable are on the decline. so the concern regarding rising prices for consumers is not a troubling one.
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