Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Oct 04, 2017

Deal of the Week: The Dangers of Corporation Consolidation

Deal of the Week: The Dangers of Corporation Consolidation

(Bloomberg) -- Nine months of Donald Trump's presidency hasn't revealed much on his administration's antitrust attitudes. While AT&T's deal for Time Warner appears on pace to close this year, a Sprint and T-Mobile tie-up would serve as a true barometer for how Trump's antitrust decision makers view competition. The administration's take on that deal, if it's announced later this month, could pave the way for future megadeals or chill other attempts. John Oliver railed against corporate consolidation on a recent episode of HBO's Last Week Tonight. Kevin Carty, a reporter-researcher with The Open Markets Institute, echoes Oliver's concerns to host Alex Sherman and specifically explains why Sprint and T-Mobile shouldn't be allowed to merge. 

https://megaphone.link/BLM2113358724

 

Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay

To contact the author of this story: Alex Sherman in New York at asherman6@bloomberg.net.

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source
Listen to the latest songs, only on JioSaavn.com