The ruling is a blow for the Trump administration’s antitrust enforcers, but they could still try to block other deals.
The news: A US court ruled that AT&T’s deal for media giant Time Warner could go ahead over the objections of the US Department of Justice, which worried that the combination would raise prices for consumers. AT&T will now control a media group whose assets include HBO and CNN, though the DoJ could seek an emergency appeal of the ruling.
Deal bonanza: Other telecom companies like Comcast, which has been stalking 21st Century Fox’s TV operations, and Verizon, which combined Yahoo and AOL into media division Oath, could now bid for more content businesses in order to compete with huge digital platforms like Amazon and Netflix. This could lead to a dramatic reshaping of the media landscape.
Why this matters: Although the ruling is a huge setback for the DoJ, its nearly two-year legal battle to try and block the Time Warner deal is a sign it’s determined to challenge massive mergers. Big internet companies could be next in the agency’s sights: its antitrust chief, Makan Delrahim, has made it clear that trustbusters must take vigorous action if digital platforms threaten competition.
Start with data to build a better supply chain
Successful digital transformation starts with the right team, an agile mentality, and a strong data foundation, says global digital solutions manager of procurement and supply chain at bp, Raimundo Martinez.
Chiplets: 10 Breakthrough Technologies 2024
Chipmakers are betting that smaller, more specialized chips can extend the life of Moore’s Law.
Quantum computing is taking on its biggest challenge: noise
For a while researchers thought they’d have to make do with noisy, error-prone systems, at least in the near term. That’s starting to change.
Apple Vision Pro: 10 Breakthrough Technologies 2024
Micro-OLED technology has been in development for more than a decade, but the Vision Pro will be the highest-profile demonstration of its abilities to date.
Get the latest updates from
MIT Technology Review
Discover special offers, top stories, upcoming events, and more.