Justice Department Approves AT&T-DirecTV Merger

http://www.nbcnews.com/news/us-news/justice-department-approves-t-directv-merger-n396196

        The Justice Department's antitrust division OK'd the deal after
        the Federal Communications Commission circulated a proposed
        order earlier Tuesday that would allow it to go ahead.  "After
        an extensive investigation, we concluded that the combination of
        AT&T's land-based internet and video business with DirecTV's
        satellite-based video business does not pose a significant risk
        to competition," Assistant Attorney General Bill Baer said in a
        statement.  FCC Chairman Tom Wheeler said the proposed order
        recommends approving the merger with certain conditions, most
        notable among them that AT&T and DirecTV won't be allowed to
        impose data caps on rival content through their broadband
        connections and that the new company hire an independent officer
        to monitor compliance.

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--Lauren--
Lauren Weinstein ([email protected]): http://www.vortex.com/lauren 
Founder:
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