Deals
Trump Antitrust Pick Saw Few Hurdles for AT&T-Time Warner Nod
- Deal doesn’t raise major issues, Delrahim said before election
- Trump said on campaign trail that he was against merger
Trump and the Future for AT&T, Time Warner Deal
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President Donald Trump said during his campaign that AT&T Inc.’s proposed takeover of Time Warner Inc. should be blocked. His pick to lead the Justice Department’s antitrust division doesn’t seem to agree.
Makan Delrahim, a former Justice Department antitrust lawyer now working at the White House, told Canadian business news channel BNN last year that the Time Warner deal doesn’t raise the same hurdles as a merger of two direct competitors, because it would unite a distributor and a content provider.