Tags: AMERICAME | ANON | ANTITRUST | BBCHTO | BGOVALL | BGOVBILLGO | BGOVCODES

AT&T's Planned DirecTV Deal Draws Antitrust Probe by States

Friday, 12 Sep 2014 09:57 AM

(Updates with AT&T’s comment in fifth paragraph.)

Sept. 12 (Bloomberg) -- A group of state attorneys general is examining whether AT&T Inc.’s proposed takeover of satellite- television provider DirecTV violates antitrust laws, the Florida Attorney General’s Office said.

State attorneys general were already working with the U.S. Justice Department’s antitrust division in a review of Comcast Corp.’s purchase of Time Warner Cable Inc. Those states included Florida, Connecticut, Maryland and Ohio.

The states’ investigation expands regulatory scrutiny of AT&T’s $48.5 billion deal for DirecTV, which would combine the nation’s largest satellite-TV company with AT&T’s existing packages of wireless, phone and high-speed Internet service. The states’ examination is in addition to reviews by the Justice Department and the Federal Communications Commission.

Florida Attorney General Pam Bondi is part of a group of states reviewing the AT&T-DirecTV merger, according to her office. New York Attorney General Eric Schneiderman is also part of the group, said a person familiar with the matter who wasn’t authorized to speak publicly about the investigation.

“We look forward to discussions with these state attorneys general on the significant consumer benefits created by this merger,” said Michael Balmoris, a spokesman for Dallas-based AT&T.

Darris Gringeri, a spokesman for El Segundo, California- based DirecTV, declined to comment on the probe.

The states’ review was reported earlier by Reuters.

--With assistance from Scott Moritz in New York.

To contact the reporters on this story: David McLaughlin in Washington at dmclaughlin9@bloomberg.net; Christie Smythe in Brooklyn at csmythe1@bloomberg.net To contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net; Michael Hytha at mhytha@bloomberg.net Sarah Rabil, Niamh Ring

© Copyright 2017 Bloomberg News. All rights reserved.

 
1Like our page
2Share
Companies
AMERICAME, ANON, ANTITRUST, BBCHTO, BGOVALL, BGOVBILLGO, BGOVCODES, BGOVTECH, BGVTTOP, BIZNEWS, BLC, BLCGAMEMOV, BLCTECH, BNALL, BNCOPY, BNSTAFF, BNTEAMS, BONDWIRES, BUSINESS, CA, CACT, CALVPOSS, COEVNT, CORPFIN, COS, CREDITKEY, DCAA, DEBTKEY, DUPLICATE, EQUITYKEY, ESGCONTROV, ESGRES, FCC, FINNEWS, FL, FXKEY, G10MEMB, G7MEMB, GEN, GLOBALMACR, GOV, GOWEB, HLDUPLICAT, HLNOVEL, HLNOVELTY0, HLNOVELTY9, INDUSTRIES, ITSVC, JUS, LAW, LAWCURZ3, LAWPRAC, LAWTOP, LAWTOPZ3, MAJOR, MISC, MNA, MNAANON, MNALAW, MNAREVIEW, MSCINAMER, MSCIWORLD, NEGATIVE, NORTHAM, NOVEL, NOVELTY0, NOVELTY9, NY, NYCCURZ2, NYCTOP, NYCTOPSTG, NYCTOPZ2, NYX, OLST, ONWEB, ORIGINAL, PADD1, PADD3, PADD5, PADDIST, POL, POLIRISK, POLNEWS, PREMNA, PREPROBE, RATESKEY, READ, READ100, READ150, READ50, RULES, SAT, SENT, SF, SPREGIONS, SRCRANK1, STFILT241, STFILT268, STFILT689, SVC, TEC, TECHCURZ3, TECHTOP, TECHTOPZ3, TIMECO, TIMENI, TLS, TMT, TOP, TX, UPDATE, US, USBNX, USCOMPNEWS, USCURZ3, USGOV, USLEGAL, USMA, USMNA, USSE, USSO, USSTORY, USSW, USTEL, USTOP, USTOPSTG, USTOPZ3, USWE, WEBELIG, WORLD, WRLS, WWTOPSTG
266
2014-57-12
Friday, 12 Sep 2014 09:57 AM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved