AT&T insists Time Warner deal is good for competition

U.S. telco highlights OTTs' expansion into video, extends deal deadline to April 2018

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AT&T has insisted that its proposed Time Warner acquisition is good for competition in the content market because it will help it keep pace with over-the-top (OTT) players. "Far from lessening competition, the vertical combination of these assets is necessary to allow the combined company to keep pace in an environment where cable is the incumbent market leader and viewer preferences are rapidly tilting towards the direct…

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