Virginia’s Warner speaks on cyberwarfare WTKR News 3
WASHINGTON – Sen. Mark Warner of Virginia spoke Friday at the Center of New American Security about cyberwarfare and the direction America should take …
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AT&T yesterday completed its acquisition of Time Warner Inc., two days after a federal judge ruled against a Department of Justice (DOJ) attempt to block the deal. The DOJ could still appeal the ruling, but it agreed not to seek a stay pending appeal, allowing the merger to be completed.
You can expect more personalized advertisements as AT&T combines a major programmer with its DirecTV, home broadband, and mobile services.
By adding Warner Bros., HBO, and Turner to AT&T’s TV and broadband services, the combined company will “bring a fresh approach to how the media and entertainment industry works for consumers, content creators, distributors and advertisers,” AT&T CEO Randall Stephenson said in the merger completion announcement. AT&T will “offer customers a differentiated, high-quality, mobile-first entertainment experience,” he said.
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AT&T is fighting back against the Trump administration’s attempt to block its proposed purchase of Time Warner Inc. One week after the Department of Justice (DOJ) sued to block the deal, AT&T filed its first answer to the lawsuit yesterday.
AT&T denies the DOJ’s allegations that a combined AT&T and Time Warner would raise prices on consumers, attempt to impede competition from online video distributors, and raise prices on rivals that pay for access to Time Warner programming.
Instead, AT&T says that the merger will benefit consumers without harming rivals. The merger “presents absolutely no risk of harm to competition or consumers,” AT&T wrote. The DOJ has also failed to establish that AT&T and Time Warner “exercise market power with respect to any relevant market,” the filing said. AT&T is just one of many video distributors these days because of the rapid growth of online video services, AT&T said.
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