Bith Set Me Up: The 1996 Telecommunications Act has done so much damage to American socioeconomics.
Inyego: There really is no antitrust situation here, it's a vertical acquisition. My guess is the DoJ is trying to separate out CNN from the rest of the herd so they can be culled. Everything is political.
The Bestest: Inyego: There really is no antitrust situation here, it's a vertical acquisition. My guess is the DoJ is trying to separate out CNN from the rest of the herd so they can be culled. Everything is political.As much as I dislike the idea of this transaction, this is true.. there's almost no horizontal overlap. Let's chart out the major players in the industry:AT&T:cable TV service (DirecTV), ISP, cellular service, landline service.. so a shiatton of content -delivery-, but extremely little content -production-.. which is pretty much limited to that one DirecTV channel, Audience.TimeWarner:multiple cable channels through its HBO and TBS divisions, multiple movie studios, half of a broadcast network (CW), sitting on a hoard of IP, DC comics.What TimeWarner -no longer- is: ISP or cable provider (AOL de-merged ages and is now part of Verizon, TimeWarner Cable was spun off years ago and is now part of Charter/Spectrum) or a print media company (all print media assets were spun off into Time, Inc).for comparison, some of their competitors:Comcast:ISP, cable, movie studio (Universal), broadcast network (NBC), a bazillion cable channels, theme parks. What they don't have is traditional landline service, but they still have similar cable right-of-ways or cellular infrastructure (they partner with Verizon for that).Verizon:ISP, landlines, cellular, large web presence and some content production via AOL and YahooDisney:multiple cable channels, multiple movie studios, broadcast network (ABC), massive trove of IP, theme parts
gameshowhost: Um. Those entities all use vertical acquisition to extract extranormal profits via concentrated market power. Horizontal merger has no business (huehee pun) being the lone variable in antitrust.
kazrak: gameshowhost: Um. Those entities all use vertical acquisition to extract extranormal profits via concentrated market power. Horizontal merger has no business (huehee pun) being the lone variable in antitrust.This. See also: how NBCUniversal/Comcast is using its combined power to screw over smaller cable companies by using NBC Sports Network and the regional sports channels as a weapon.http://www.fiercecable.com/cable/comcast-comes-under-fire-from-aca-for-suppressing-members-skinny-bundle
sprgrss: This is Time Warner the media company, not Time Warner the content deliverer. That company no longer exists and is now part of Spectrum.ATT is not trying to buy spectrum.
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