New York, October 25 (RHC)-- The U.S. telecommunications giant AT&T has agreed to purchase Time Warner for $85 billion. If approved by federal antitrust regulators, the merger would give AT&T control over Warner Brothers film and television studios, along with CNN, TNT, HBO and many other brands.
Critics warn of further limits to competition and higher prices for customers. The merger could also allow AT&T to give preferential treatment to streaming video from Time Warner’s companies, which would violate the principles of net neutrality.
AT&T Agrees to Purchase Time Warner in $85 Billion Deal
Facebook
Twitter
Pinterest
Telegram
Linkedin
WhatsApp
Related Articles
Commentaries
MAKE A COMMENT
All fields required
More Views
- Ministry of Energy and Mines denies the withdrawal of Turkish energy generating plant
- Visa authorization, a weapon of the blockade
- Cuba participates in ministerial meeting of the Association of Caribbean States
- British Airways extends suspension of flights to Israel until August
- Cuba summons U.S. Charge de Affaires for disrespectful behavior
