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AT&T exec: merger brings $2.5 billion in efficiencies

AT&T exec: merger brings $2.5 billion in efficiencies

19 April 2018

The AT&T executive in charge of planning and overseeing the integration effort with Time Warner has testified that he is confident the merger will achieve $2.5 billion in cost and revenue efficiencies.

Merger injunction to be withdrawn in New Zealand

Merger injunction to be withdrawn in New Zealand

19 April 2018

New Zealand’s high court is set to withdraw a rare injunction against a merger, after a private equity firm promised to sell its own stationery supply business, formerly known as Staples, to clear competition concerns about its acquisition of rival supplier OfficeMax.

New commissioner expected to be confirmed by Mexican Senate

New commissioner expected to be confirmed by Mexican Senate

19 April 2018

The Mexican Senate is expected to confirm economist and long-time public servant José Eduardo Mendoza Contreras today as the Federal Economic Competition Commission’s newest member.

Time Warner boss: AT&T deal will ease pressure on distributor revenue

Time Warner boss: AT&T deal will ease pressure on distributor revenue

GCR USA - 19 April 2018

The acquisition by AT&T will allow Time Warner to compete better for advertising revenue, which helps consumers by reducing the company’s reliance on revenue from distributors charging for pay-TV subscriptions, Time Warner’s chief executive has testified.

Chasing Google and Facebook: The Tipline for 19 April 2018

GCR USA - 19 April 2018

Testimony from Time Warner’s chief executive yesterday in US v AT&T centred on the idea that his company’s acquisition by AT&T will allow it to better compete for digital advertising revenue with data-heavy technology companies. Expect long lines this morning outside of Judge Richard Leon’s courtroom with AT&T chief executive Randall Stephenson taking the stand today.

Gunther and Giraud join Latham

Gunther and Giraud join Latham

18 April 2018

Jacques-Philippe Gunther and Adrien Giraud are moving from Willkie Farr & Gallagher in Paris and Brussels to Latham & Watkins.

Chile recommends first gun-jumping fine

Chile recommends first gun-jumping fine

18 April 2018

Chile’s antitrust enforcer has said its specialist court should fine meat packing companies JBS and Minerva US$3.8 million for gun-jumping.

Belgium fines sporting groups for breaching interim measures

Belgium fines sporting groups for breaching interim measures

18 April 2018

Belgium’s competition enforcer has imposed daily penalties on an international governing body for equestrian sports and on a show-jumping competition organiser for failure to implement interim measures.

Danish enforcer sends camping case to prosecutor

Danish enforcer sends camping case to prosecutor

18 April 2018

Denmark’s competition appeal tribunal has upheld a decision finding campsites illegally restricted competition by requiring all campers to obtain a camping card, which the sites agreed to sell at a fixed price.

AT&T’s deal will hurt like Comcast’s, says rival

AT&T’s deal will hurt like Comcast’s, says rival

GCR USA - 18 April 2018

The chief executive of a mid-sized cable distributor has said the Comcast/NBCUniversal merger harmed his company’s ability to offer a low-cost cable and broadband internet package, and he worries that AT&T’s acquisition of Time Warner will do the same.