Antitrust Experts See Big Deals As Complementary
Antitrust analysts argue ATAXT bid for DirecTV plus the Comcast Time Warner Cable merger could ease approvals. They say larger scale cost savings and faster networks may outweigh reduced competition, with regulators weighing a Goliath versus many smaller players. Amanda Wait notes regulators may view a dominant pair shaping the market.
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Los Angeles
ATAXT
Directv
Comcast
Time ‘Warner Cable
Inpeyt
Comcast Time Warner Cable
Goliath
Davids
Amanda Wait
Antitrust
AT&T to Acquire DirecTV for 95 Per Share in $49 Billion Deal
AT&T plans to buy DirecTV for 95 a share in a $49 billion deal to expand video subscribers and better compete with Comcast and Time Warner Cable. Analysts say the merger could reduce pay TV competitors from four to three, potentially raising prices for some households.
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Directv
el Segundo
California
At&t
Comcast
Time Warner Cable
At&t Inc
GM recalls 24 million vehicles in US amid safety push
GM says 24 million US vehicles recalled as part of rapid safety fixes, raising this year’s total to a record 13.6 million. The company faces a prior 10.35 million federal fine over ignition switch defects linked to multiple deaths. U.S. stock indexes slide as retailers like Staples and Dick’s report weak results and soft earnings.
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General Motors
U.S
National Highway Traffic Safety Administration
IV Ateast
Staples
Dick's Sporting Goods
Standard & Poor
Dick's Goods
TIX
Urban Outfitters
Microsoft rolls out larger Surface Pro 3 tablet
Microsoft unveiled the Surface Pro 3 a 12 inch tablet to compete as a laptop replacement. The device is thinner and faster built with Intel collaboration and software partner support including Adobe Photoshop adaptation ahead of a summer 2014 launch starting at 799 dollars.
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New York
Microsoft
Intel Corp
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