WASHINGTON | AT&T antitrust win may herald new wave of media mergers

13Jun - by Editor - 0 - In STL.News



WASHINGTON (AP) — Brace yourself for a likely new era of media megamergers.

AT&T’s victory over the government’s attempt to block its $85 billion takeover of Time Warner underscores just how much the way people watch — and pay for — TV has changed. It also highlights how corporate America wants to adapt to deal with its new environment. In short: Bigger is better.

The government argued that the merger would stifle competition and lead to higher cable bills.

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