AT&T offered this deal to 1,000 competitors to address concerns over Time Warner. Twenty have accepted.
March 20, 2018
As it became clear in November 2017 that the Department of Justice was heading for a legal showdown with AT&T over its Time Warner merger, the company offered a proposal that it said would address the government’s concerns about competition. But thus far, only two percent of AT&T's rivals have expressed support for that plan. Of the 1,000 letters sent by AT&T to competing TV providers in November notifying them of the proposal, just 20 received a positive response. The lukewarm interest highlights the enormous stakes facing the entertainment industry.
AT&T offered this deal to 1,000 competitors to address concerns over Time Warner. Twenty have accepted. AT&T, Justice Dept. lawyers outline cases ahead of Time Warner deal trial (The Hill)