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Mega-mergers like AT&T and Time Warner crush American democracy | Zephyr Teachout

Gilded age-style monopolies are back. We should take this setback to recommit to a new anti-monopoly movement

On Tuesday, a District Judge in DC approved the $85bn dollar merger between AT&T and Time Warner, without any conditions. On Monday, the FCC repealed its network neutrality laws. With a double punch, the telecom industry got a lot more concentrated and license to discriminate.

The AT&T merger is especially disturbing in light of the network neutrality decision, because it involves a producer of content (Time Warner) merging with the distributor of that content. It is a data/media deal (like Verizon buying AOL). With the repeal of network neutrality, AT&T can throttle the content of competitors.

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