The sale of Dries Van Noten to Puig raises some pretty big questions about the current fashion system and whether bigger is always better. Image The designer Dries Van Noten, in 2016.CreditMax Cantor for The New York Times For many years a ritual of sorts has existed among members of the migrant fashion flock when…
AT&T announced it had completed its $85.4 billion acquisition of Time Warner on Thursday, shortly after the Justice Department said it would not seek an injunction to stop the deal. The merger gives AT&T a vast media and entertainment portfolio belonging to Time Warner, including HBO and CNN, rights to major sports leagues and valuable…
“We always believed that the motivations for bringing this case were questionable at best,” Gary Ginsberg, an executive vice president for Time Warner, said on Tuesday. “The court’s verdict resoundingly supported that view.” Mr. Delrahim had argued that the only way antitrust concerns could be resolved was through the sale of major businesses. Last fall,…
Video If Media Giants Grow, So May Your Bills The government doesn’t want you to pay too much to watch your shows. That’s why the Justice Department says it is challenging the proposed merger between AT&T and Time Warner. By ERICA BERENSTEIN on Publish Date March 22, 2018. Photo by Erica Berenstein/The New York Times.…
AT&T, one of the world’s largest telecommunications companies, figures prominently in the annals of antitrust law. Since the late 19th century, under various names and configurations, the entity once known as Ma Bell has often been targeted by regulators trying to rein in its size and keep it from amassing monopoly power. In AT&T’s latest…