I hope they appeal it, I want the Supremes to rule on the matter
Posted 26 February 2019 - 07:48 PM
Posted 26 February 2019 - 08:07 PM
Same, the Supreme Court needs to rule on this. However, the DOJ really needs to step up their game on this. Richard Leon's ruling was that he could not predict how the merger would turn out. While I think the DOJ was correct in predicting AT&T's behavior, ultimately they were asking the judge to rule on how they think AT&T might act, not how they have actually acted. If it goes to the full appeals court or even the Supreme Court, the DOJ needs to make their case about what AT&T has done since the merger went through. Make the case about why the merger should be broken up now, not about the theories against why it shouldn't have happened in the first place.
Posted 27 February 2019 - 04:36 AM
Posted 28 February 2019 - 09:07 AM
Disappointed, but not surprising. The merger has long since been properly integrated that I can't see the DOJ doing much to change anything anyway.
The possibility of Disney acquiring AT&T's 10% stake in Hulu has come up before, and it seems that with this appeal over, AT&T can focus more on reducing its debt, and selling that stake would help to do just that.
Posted 04 March 2019 - 11:44 AM
This article largely focuses on how Fox News has operated as a propaganda machine for the current administration, but it does bring up that former chief economic advisor Gary Cohn was in fact ordered by Trump to oppose the AT&T/Time Warner merger. While the merger did need to be opposed, this continues to make the case that the DOJ was acting under Trump's bad faith, and for him to make this demand constitutes an impeachable offense.
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