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Submitted: November 17, 2006 - 9:21am
Last updated: February 21, 2008 - 4:46am
Last updated: February 21, 2008 - 4:46am
US ANTITRUST OFFICIAL DEFENDS AT&T DECISION
[SOURCE: Associated Press]
The Justice Department's top antitrust official defended the agency's unconditional approval of AT&T's $82-billion buyout of BellSouth Corp. as "pretty straightforward" despite criticism from Democratic regulators and lawmakers. "We're living a very different world than we were in the 1980s," Assistant Atty. Gen. Thomas O. Barnett said. "The mere size of a company in general doesn't tell you whether a merger is going to harm consumer welfare."
http://www.latimes.com/business/printedition/la-fi-briefs17.6nov17,1,2453819.story?coll=la-headlines-pe-business
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For more, please see "Justice Department supports AT&T merger"
http://www.chron.com/disp/story.mpl/ap/business/4340733.html
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