Verge, The

The Court's Decision to Let AT&T And Time Warner Merge is Ridiculously Bad

To spare you the pain of reading the 170-page opinion [of AT&T/Time Waner] yourself, I went through and pulled out some highlights.  You will note again and again that Judge Leon goes into incredible detail about the businesses of the past, like how the deal might affect cable TV negotiations, while naively glossing over the details of how media works in the present and future. (Buying Time Warner will allow AT&T to… put together clips of CNN to show on phones? Very innovative.) You will also note that the government put on what seems like a very, very weak case.