Several parties that urged the FCC to reject...
Several parties that urged the FCC to reject Comcast’s planned buy of Time Warner Cable support AT&T/DirecTV with conditions, noted a Guggenheim Partners analyst. Analysts expect both deals to be approved, but the AT&T/DirecTV comments may suggest a more manageable…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
approval path for that deal than for Comcast/Time Warner Cable, said analyst Paul Gallant. Dish Network, Public Knowledge and Netflix took a more even-handed position on the AT&T transaction than they did the Comcast deal, he said Friday in a research note. “This is noteworthy and suggests to us that AT&T/DirecTV is likely to face less strident opposition than Comcast/TWC.” Those entities will probably be among the “leading voices” at the Department of Justice and FCC on both deals, he said. Their moderate tone on AT&T/DirecTV “is incrementally positive for that merger and introduces an additional note of caution on Comcast/TWC,” he said. Initial comments in the AT&T/DirecTV proceeding were due Tuesday (CD Sept 19 p3).