On March 19th, the DOJ is taking AT&T to court to block its $85 billion bid for Time Warner. This decision reflects a fundamental misunderstanding of how the media landscape has transformed with the rise of massive digital entertainment platforms like Netflix, Amazon, and Google’s YouTube. These distributors are vertically integrating into content creation with little opposition or oversight, yet the DOJ’s case would restrict AT&T’s ability to do the same. This inconsistency could harm consumers in the long run by cementing control over the future of the entertainment industry in the hands of a few large technology companies.
Read the full article online at Fortune…
This article was produced by Footnote in partnership with Carnegie Mellon University and was published in Fortune.
