US: Dish TV to proceed with Videocon D2H merger

After evaluating the consequences of parent company Videocon’s insolvency proceedings, Dish TV India has decided to proceed with the merger with Videocon D2H. The company has appointed two directors to the board of Videocon D2H Limited to aid the integration of the two businesses. Earlier in January, Dish TV had said that it was evaluating the […]

US: Warren backs DOJ over AT&T-Time Warner merger

US: Warren backs DOJ over AT&T-Time Warner merger

Elizabeth Warren said she supports the Department of Justice’s (DOJ) decision to block AT&T’s merger with Time Warner, while also expressing concerns about the agency’s autonomy under President Trump. Warren said in a speech on Wednesday, December 6, that AT&T’s US$85 billion deal is an example of a merger whose scale poses a threat to […]

US: AT&T extends the deadline for its Time Warner merger to April

US: AT&T extends the deadline for its Time Warner merger to April

AT&T is giving itself a few more months to close its US$85 billion acquisition of Time Warner. The Dallas telecommunications giant extended the deadline for the merger to April 22, according to a filing with the Securities and Exchange Commission. It’s the second time the company has extended the deadline, which was originally set for […]

US: Meet the judge in antitrust case against AT&T-Time Warner

US: Meet the judge in antitrust case against AT&T-Time Warner

A federal judge who was critical of the Comcast-NBC Universal (NBCU) merger before signing off on the media megadeal in 2011 will oversee the Justice Department’s lawsuit to block AT&T’s similar takeover of Time Warner. Judge Richard Leon is a George W. Bush-appointee who has served on the US District Court for DC since 2002. […]

US: DoJ sues to block AT&T purchase of Time Warner

US: DoJ sues to block AT&T purchase of Time Warner

On Monday the Justice Department, sued AT&T to block its $85 billion merger with Time Warner, court filings show.  DOJ Complaint (PDF) In a lawsuit filed in US District Court in Washington, federal prosecutors argued that the merger would hurt competitors and consumers. “AT&T/DirecTV would hinder its rivals by forcing them to pay hundreds of millions of dollars […]

US: DOJ urges SCOTUS to hear case against Chinese vitamin cartel

US: DOJ urges SCOTUS to hear case against Chinese vitamin cartel

Lawyers at the US Justice Department defied China’s Ministry of Commerce in a brief urging the US Supreme Court to review the dismissal of an antitrust class action against a cartel of Chinese vitamin manufacturers, reported Reuters. The brief, filed by the US Solicitor General and the Justice Department’s antitrust chief, argues that the 2nd […]

US: AT&T Hires former Trump lawyer to defend itself in DoJ suit

US: AT&T Hires former Trump lawyer to defend itself in DoJ suit

The telecom giant AT&T has hired notable media lawyer Daniel Petrocelli, a one-time defender of President Donald Trump, to represent the company, should the Department of Justice (DOJ) file a lawsuit attempting to block its acquisition of Time Warner. Petrocelli will act as the lead trial counsel for both AT&T and Time Warner should the […]

US: Antitrust chief: ‘behavioral remedies are the wolf of regulation dressed in the sheep’s clothing of a behavioral decree.”

US: Antitrust chief: ‘behavioral remedies are the wolf of regulation dressed in the sheep’s clothing of a behavioral decree.”

The head of the Department of Justice’s Antitrust Division on Thursday, November 16, signaled a change in approach to antitrust under his leadership by asking companies to divest assets when necessary in order for major merger deals to be approved. That’s a shift from the Obama administration, which leaned more heavily on consent decrees that […]

US: FCC’s Pai says DOJ will do the right thing with AT&T-TW

US: FCC’s Pai says DOJ will do the right thing with AT&T-TW

Federal Communications Commissio (FCC) Chairman Ajit Pai says that he thinks the Justice Department (DOJ) will “do the right thing” when it comes to the proposed AT&T-Time Warner merger. The DOJ is said to be pushing for a spin-off of either AT&T’s DirecTV or Time Warner’s Turner assets–which includes TBS, TNT and CNN–to approve the […]

US: Trump denies pressing for CNN sale in AT&T-Time Warner merger

US: Trump denies pressing for CNN sale in AT&T-Time Warner merger

President Donald Trump, in comments to reporters on Saturday, November 10, on Air Force One, said that he had not pressured the Justice Department (DOJ) to make selling CNN and other assets a condition for regulatory approval of a proposed US$85.4 billion merger between AT&T and Time Warner. Instead, Trump attributed the decision to “a […]

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