Trump’s populist antitrust promises fall short of policy

Posted by Financial Times

Trump’s populist antitrust promises fall short of policy

Donald Trump promised last year to combat corporate deals that gave big business excessive power, saying he would kill AT&T’s proposed acquisition of Time Warner and unwind Comcast’s 2011 purchase of NBCUniversal.

On the campaign trail, Mr Trump said the AT&T-Time Warner union represented “too much concentration of power in the hands of too few” and accused Comcast of “trying to tell voters what to think and what to do” through its control of NBC. “Deals like this destroy democracy,” he said in October.

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