The FCC basically just approved AT&T and Time Warner’s giant merger

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Chris Mills

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AT&T wants to merge with Time Warner Inc, a move that would create a leviathan new corporation with unprecedented control over both the internet and the content that travels over it.

Traditionally, multi-billion-dollar mergers that change the competitive landscape are subject to major scrutiny. In the past, that scrutiny has come from both the Department of Justice and the FCC, in the case of a telecoms deal. But Trump's new FCC Chairman, Ajit Pai, has already given the merger his virtual blessing.

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