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(Variety)   Department of Justice to AT&T: "Maybe we were too hasty letting you buy Time-Warner"   ( variety.com) divider line
    More: News, United States, Justice Department, Time Warner, Judge Richard Leon, AT&T-Time Warner, United States Court, Appeal, Law  
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2326 clicks; posted to Business » on 12 Jul 2018 at 5:11 PM (18 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



29 Comments     (+0 »)
 
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2018-07-12 05:13:58 PM  
Someone at the DOJ must have read the HBO story from yesterday.

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2018-07-12 05:26:45 PM  
I don't think this has ever happened before. He's going to use the Supreme Court against CNN isn't he?

Hello Banana Republic.
 
2018-07-12 06:00:29 PM  
Oops... sounds like someone didn't kiss the right ass, or mail the right check, or maybe both.
 
2018-07-12 06:05:17 PM  
You are a little freakin' late.
 
2018-07-12 06:06:09 PM  

DoughyGuy: Oops... sounds like someone didn't kiss the right ass, or mail the right check, or maybe both.


I think if you send the cheques on time, the ass kissing doesn't matter at all.
 
2018-07-12 06:17:52 PM  
Micheal Cohen took their check and isn't delivering.
 
2018-07-12 06:55:25 PM  
Just like citizens united.  Practically everyone screams at them what an awful deal it is as they ignore the shrill calls to reason.  Then, soon after performing the requisite corporate rimjobbing, they believe they're having an epiphany in some rare celestial moment of reason, while basic majority of the populous shakes their collective heads in quiet murmurs, "christ, you are some daftly stupid coonts"

Who didn't see this coming.  Really, now.  You'll get a halfhearted apology in print also as if it were any consolation
 
2018-07-12 07:09:28 PM  
my gosh, whodathunkit
 
2018-07-12 07:20:51 PM  
DNRTFA so correct me if I am wrong, but didn't the DOJ reject the deal and then the courts overruled them on the basis that they only blocked it due to Trump's hatred of CNN?
 
2018-07-12 07:25:48 PM  

dywed88: DNRTFA so correct me if I am wrong, but didn't the DOJ reject the deal and then the courts overruled them on the basis that they only blocked it due to Trump's hatred of CNN?


I don't even remember. There's so much sh*t flying that there's no way to track it.
 
2018-07-12 07:27:39 PM  

dywed88: DNRTFA so correct me if I am wrong, but didn't the DOJ reject the deal and then the courts overruled them on the basis that they only blocked it due to Trump's hatred of CNN?


Nov 20, 2017 - The Justice Department has filed a lawsuit to block AT&T's takeover of Time Warner

OK I think you were right
 
2018-07-12 07:27:49 PM  

dywed88: DNRTFA so correct me if I am wrong, but didn't the DOJ reject the deal and then the courts overruled them on the basis that they only blocked it due to Trump's hatred of CNN?


--
To rephrase what you just typed so it's closer to reality: the DOJ blocked the merger between AT&T and Time Warner which AT&T challenged in court. The DOJ's reasoning for blocking the merger was rejected by judge because the reasoning was "weak" -  I supposed because they didn't stand up to any scrutiny, so the merger was allowed to complete. The judge also advised the DOJ not to appeal the decision because they would lose the appeal. So here we are, a couple of weeks later, and the DOJ is appealing.
 
2018-07-12 07:28:21 PM  

dywed88: DNRTFA so correct me if I am wrong, but didn't the DOJ reject the deal and then the courts overruled them on the basis that they only blocked it due to Trump's hatred of CNN?


That's basically correct (unlike subby's headline). The DOJ is appealing the decision of the lower court.
 
2018-07-12 07:30:58 PM  
"As an example of the power structure I'm fighting, AT&T is buying Time Warner and thus CNN, a deal we will not approve in my administration because it's too much concentration of power in the hands of too few."

-- Donald Trump, campaign speech on Oct. 22, 2016

http://www.politifact.com/truth-o-mete​r/promises/trumpometer/promise/1434/st​op-t-time-warner-merger/
 
2018-07-12 07:33:11 PM  
"We were expecting this," Stephenson said in Sun Valley, Idaho, where he is attending the annual Allen & Co. conference this week. "The merger's closed. We're all about executing now."

Id like to see the decision over turned just to wipe that shiat eating smug grin off his corporate greedy face.
 
2018-07-12 07:37:57 PM  

AeAe: dywed88: DNRTFA so correct me if I am wrong, but didn't the DOJ reject the deal and then the courts overruled them on the basis that they only blocked it due to Trump's hatred of CNN?

--
To rephrase what you just typed so it's closer to reality: the DOJ blocked the merger between AT&T and Time Warner which AT&T challenged in court. The DOJ's reasoning for blocking the merger was rejected by judge because the reasoning was "weak" -  I supposed because they didn't stand up to any scrutiny, so the merger was allowed to complete. The judge also advised the DOJ not to appeal the decision because they would lose the appeal. So here we are, a couple of weeks later, and the DOJ is appealing.


No the judge advised the DOJ not to seek a stay to block the merger while going after an appeal.

From the article:

He (Leon) also strongly suggested that the Justice Department not to seek a stay to block the merger as it pursued an appeal.
 
2018-07-12 07:45:05 PM  

wolfemane: AeAe: dywed88: DNRTFA so correct me if I am wrong, but didn't the DOJ reject the deal and then the courts overruled them on the basis that they only blocked it due to Trump's hatred of CNN?

--
To rephrase what you just typed so it's closer to reality: the DOJ blocked the merger between AT&T and Time Warner which AT&T challenged in court. The DOJ's reasoning for blocking the merger was rejected by judge because the reasoning was "weak" -  I supposed because they didn't stand up to any scrutiny, so the merger was allowed to complete. The judge also advised the DOJ not to appeal the decision because they would lose the appeal. So here we are, a couple of weeks later, and the DOJ is appealing.

No the judge advised the DOJ not to seek a stay to block the merger while going after an appeal.

From the article:

He (Leon) also strongly suggested that the Justice Department not to seek a stay to block the merger as it pursued an appeal.


--

He also said this in explaining his decision:

"I do not believe that the government has a likelihood of success on the merits of an appeal,"

... so unless I'm reading that wrong, that says to me that he thinks that the DOJ will lose an appeal.

https://www.thestreet.com/politics/at​t​-time-warner-merger-decision-marks-a-h​uge-week-for-mergers-14624009
 
2018-07-12 08:07:28 PM  
it doesn't matter. Whether its a bad deal (for the public) or not, AT&T has all the legal standing here based on the Comcast-Universal precedent.
 
2018-07-12 08:22:28 PM  
It's government by Harvey Dent.
 
2018-07-12 08:32:10 PM  

The Bestest: it doesn't matter. Whether its a bad deal (for the public) or not, AT&T has all the legal standing here based on the Comcast-Universal precedent.


And you expect the Supreme Court to uphold that? This court?

Ok.
 
2018-07-12 09:07:53 PM  

NewportBarGuy: The Bestest: it doesn't matter. Whether its a bad deal (for the public) or not, AT&T has all the legal standing here based on the Comcast-Universal precedent.

And you expect the Supreme Court to uphold that? This court?

Ok.


Before Scalia died, the court ruled on the side of business for every case that came to the court. You think it's going to be anti-business now?
 
2018-07-12 09:35:22 PM  

AeAe: NewportBarGuy: The Bestest: it doesn't matter. Whether its a bad deal (for the public) or not, AT&T has all the legal standing here based on the Comcast-Universal precedent.

And you expect the Supreme Court to uphold that? This court?

Ok.

Before Scalia died, the court ruled on the side of business for every case that came to the court. You think it's going to be anti-business now?


I think it's going to do whatever Trump wants.
 
2018-07-12 11:14:42 PM  
But Leon rejected dismissed those claims, writing in his opinion that he found no "adequate basis to conclude that the challenged merger will lead to any raised costs on the part of distributors and consumers - much less consumer harms that outweigh the conceded $350 million in annual cost savings to AT&T's customers."

Ahahahahaha! They literally raised prices mere days after his decision. Ohhh boy that's enough internet for today, I'm going to dreamland where reality seems to matter more these days.
 
2018-07-13 02:16:32 AM  
If Trump turns into a trust buster, it will be good. Probably one of the only good things he does.

We have WAY too much corporate consolidation. It is poisonous to our society and drives inequality. If you are against this because "Trump", you are being a farking idiot.
 
2018-07-13 02:52:00 AM  
"We were expecting this," Stephenson said in Sun Valley, Idaho, where he is attending the annual Allen & Co. conference this week. "The merger's closed. We're all about executing now."
 
2018-07-13 07:17:05 AM  

adamatari: If Trump turns into a trust buster, it will be good. Probably one of the only good things he does.

We have WAY too much corporate consolidation. It is poisonous to our society and drives inequality. If you are against this because "Trump", you are being a farking idiot.


Yes, Donald Trump the "Trust Buster". Are you smoking crack? He doesn't give a f*ck about consumer protection, or are you not aware of the Foxes running the CFPB?
 
2018-07-13 07:39:47 AM  

NewportBarGuy: adamatari: If Trump turns into a trust buster, it will be good. Probably one of the only good things he does.

We have WAY too much corporate consolidation. It is poisonous to our society and drives inequality. If you are against this because "Trump", you are being a farking idiot.

Yes, Donald Trump the "Trust Buster". Are you smoking crack? He doesn't give a f*ck about consumer protection, or are you not aware of the Foxes running the CFPB?


If he does good things by accident I'll still call them good things. And the current era of trusts is poison. If he does something stupid but it has a positive effect, it still has a positive effect. It has nothing to do with Trump being a good person, or caring about people. I'm saying that a reasonable justice department would have been doing things like this for years if not decades. This merger should not be allowed.

You are being fooled into rooting for a side. It's as foolish as hating Obamacare for Obama.
 
2018-07-13 09:21:30 AM  
Remember when a telecom CEO testified before Congress to being party to an illegal trust agreement and nothing was done?

Yeah, this merger is going through.

The only real questions at this point are which particular sociopath is going to end up in charge of OmniCorp, the sole corporation that will remain.

\Yes, I'm feeling extra cynical today
 
2018-07-13 11:54:47 AM  

NewportBarGuy: AeAe: NewportBarGuy: The Bestest: it doesn't matter. Whether its a bad deal (for the public) or not, AT&T has all the legal standing here based on the Comcast-Universal precedent.

And you expect the Supreme Court to uphold that? This court?

Ok.

Before Scalia died, the court ruled on the side of business for every case that came to the court. You think it's going to be anti-business now?

I think it's going to do whatever Trump wants.


SCOTUS isn't Congress. It jealously guards what it regards as its territory.
 
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