AT&T, Time Warner deal under scrutiny from politicians, consumer groups
The plan by AT&T to acquire Time Warner for $85.4 billion has come under the microscope of U.S. politicians and public interest groups that are concerned about the antitrust implications of the mega-deal.
On Saturday, Randall Stephenson, AT&T chairman and CEO, said the deal would let it combine premium content with the networks to deliver it to every screen, including mobile displays.
But many politicians including Democratic party presidential candidate Hillary Clinton and her Republican rival Donald Trump are concerned about the implications of the deal.
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