Sources familiar with the situation have reported that US antitrust officials have started talking with both Time Warner and AT&T to discuss possible merger conditions.
These talks indicate that the months-long review of how the merger would change the media industry has nearly come to an end.
Though US regulators often block horizontal mergers, vertical mergers are rarely interfered with. However, the merger of Time Warner and AT&T has brought concerns from media and pay-TV competitors that AT&T would give preference to in house programs.
The merger has an additional complication with the US Department of Justice still not having an antitrust chief, as President Trump’s nominee Makan Delrahim is still waiting for confirmation from the Senate.
Full Content: Bloomberg
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
