Business this week
UK Only Article:
A hated tax but a fair one
America’s Department of Justice filed a lawsuit to block the $109bn merger of AT&T and Time Warner, arguing that it would reduce competition. The deal, announced a year ago, was expected to be completed by the end of 2017. AT&T described the decision as “unprecedented”. For decades regulators in America have been most concerned by horizontal mergers. The merger of AT&T and Time Warner is a vertical one, integrating telecoms distribution with media content.
In another big decision that affects the distribution of media, the Federal Communications Commission proposed abolishing the network-neutrality rules drawn up under the Obama administration which require internet providers to treat all online traffic the same. Under the FCC’s plans broadband companies will only have to state what their network policies are; compliance will be controlled by another regulator, the Federal Trade Commission.
A digital diversion
Uber admitted it did not disclose a hacking attack last year that laid bare the personal data …