Donald Trump: I would never approve AT&T – Time Warner merger . . . ‘deals like this destroy democracy’

Donald Trump seemed to summon the ghost of “trust buster” Teddy Roosevelt Saturday, when he announced that he would have never approved of the proposed AT&T — Time Warner merger.

The Republican presidential nominee, who has often commented on media’s attempt to control the outcome of the election, referred to the consolidation of the two media giants as a few holding too great a “concentration of power.”

“As an example of the power structure I am fighting, AT&T is buying Time Warner and thus CNN — a deal we will not approve in my administration because it’s too much concentration of power in the hands of too few,” Trump said during his “Contract for the American voter” policy speech in Gettysburg, Pennsylvania.

Trump’s comments anticipated The Wall Street Journal’s report several hours later that the two companies had come to an agreement for AT&T to purchase Time Warner.

The Hill reported:

The deal would likely have to be approved by a constellation of federal agencies, including the Department of Justice and the Federal Communications Commission.

Through the deal, the company would own both the content produced by companies like CNN and HBO and the means through which it is distributed. The company’s current offerings range from wireless service to broadband internet to video products through DirecTV.

 

Besides his Spanish-American War charge up Cuba’s San Juan Hill, Republican President Theodore Roosevelt is perhaps best known for as a “trust buster,” breaking up monopolies such as Standard Oil into smaller companies.

The comparison wasn’t lost on social media.

And finally one predicted that even in the event of a Clinton win, the people wouldn’t stand for an AT&T – Time Warner merger.

Trump took another media merger to task at Saturday’s address.

“Additionally, Comcast’s purchase of NBC concentrates far too much power in one massive entity that is trying to tell the voters what to think and what to do. Deals like this destroy democracy.”

Wake up right! Receive our free morning news blast  HERE

Comments

Latest Articles