Posted on 10/22/2016 7:37:28 PM PDT by EveningStar
Donald Trump expressed that he would not approve the AT&T and Time Warner merger if elected president. "Deals like this destroy democracy," said Trump during a rally in Gettysburg, Pa., on Saturday, where he discussed what he would do in the first 100 days of his presidency.
(Excerpt) Read more at hollywoodreporter.com ...
One Ringy Dingy, Two Ringy Dingy
He would reject this merger in exchange for approving two others.
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Agreed. The government needs to get out of managing the economy, period. Freedom and capitalism works. Bureaucrats and politicians directing the economy with decrees from their ivory towers does not.
A coupe decades ago, AT&T and some other monopolies were forcibly broken up to keep telecommunications companies from becoming too powerful - Trump rightly says that they will squash Democracy when they monopolize what is shown to the public and get to propagandize everything they touch.
Theoretically, a President could direct his FTC or SEC to nix the deal. However, it might not withstand a court challenge (that few companies are willing to undertake). Don’t get me started on the EO-thing . . . .
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