Sen. Grassley Promises 'Robust' AT&T-Time Warner Review
Senate Judiciary Committee Chairman Charles Grassley (R-Iowa) said Monday that the proposed $86 billion merger between AT&T and Time Warner would get a thorough vetting in his committee.
“This is the biggest deal of the year, combining one of the nation’s largest telecommunications providers with a media and entertainment giant," said Grassley in a statement. "It’s imperative that the antitrust regulators conduct a robust review of the proposed acquisition."
"As the process moves forward, the Senate, and the Judiciary Committee, can and will conduct oversight and ask questions about the transaction, including a hearing to examine the impact on competition and consumers," he said.
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Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.