“There’s no question that AT&T will use those comments in its defense.”
President Donald Trump has made no secret of his distaste for CNN. Now his Justice Department is trying to block a merger with huge implications for the cable network’s parent company, Time Warner.
The question is whether Trump’s past tweets could derail the government’s case.
The US Justice Department in November filed a lawsuit to block AT&T’s proposed $85 billion takeover of Time Warner. The companies are seeking to combine AT&T’s distribution networks with Time Warner’s news and entertainment content in their potential tie-up.
While many agree the government does have a legitimate antitrust case against the megamerger — the combined, vertically integrated company could potentially freeze out competitors, withhold or increase the price of premium content, and in turn harm consumers — the president’s ongoing public battle with Time Warner’s CNN has cast a heavy political shadow over the deal and the government’s objection to it.
Trump has engaged in a highly publicized battle with CNN for quite some time, often dismissing the network as “fake news” and criticizing its coverage. As recently as last week he advocated for a CNN boycott, calling it a “complete waste of time” on Twitter
Great, and we should boycott Fake News CNN. Dealing with them is a total waste of time! https://t.co/8zJ3j7g5el
— Donald J. Trump (@realDonaldTrump) November 29, 2017
Trump has also weighed in on the AT&T–Time Warner deal, wading into antitrust territory presidents normally avoid.
He criticized the deal soon after it was announced while he was still on the campaign trail, telling supporters it would put “too much concentration of power in the hands of too few” at an October 2016 campaign rally in Gettysburg, Pennsylvania. He cited the merger as Read More Here