Brazil throws spanner into AT&T/TW merger
Brazil’s anti-trust regulator is objecting to the proposed $85.4 billion (€78.5bn) merger between AT&T and Time Warner. CADE (Conselho Administrativo de Defesa Econômica [Administrative Council for Economic Defense]), the Brazilian regulator, says the merger poses a “high risk” to competition, and as currently planned should be rejected unless the two businesses sell off some of their […]