You are here: Home » Reuters » News
Business Standard

U.S. attorney general urged to consider blocking AT&T deal for Time Warner

Reuters  |  WASHINGTON 

By Diane BartzWASHINGTON (Reuters) - Seven consumer advocacy groups wrote to Attorney General Jeff Sessions on Thursday to ask him to consider blocking AT&T's plan to buy Time Warner on the grounds that it will lead to higher prices and slow innovation in showing video online.Common Cause, Consumer Federation of America, Consumers Union, Public Knowledge and other groups echoed other critics of the deal, including some lawmakers, who say that the $85.4 billion deal would give AT&T, owner of DirecTV, the ability to withhold Time Warner's content from other outlets and hurt the move to show ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, July 14 2017. 17:40 IST
RECOMMENDED FOR YOU