White House hopeful Hillary Clinton said the proposed mega-merger of AT&T and Time Warner "raises questions and concerns" and merits further study.
AT&T and Time Warner, home of CNN and HBO, have said the proposed $108.7 billion deal will benefit consumers as they gird for anti-trust challenges from politicians and regulators.
But they will face tough questioning over whether such a combination will be too powerful, stifling outside video content creators while forcing consumers to their brand.
"It raises questions and concerns, and they should be looked into," Clinton told reporters Wednesday. "I'm going to follow up closely."
"Obviously if I'm fortunate to be the president I will expect the government to conduct a very thorough analysis before making a decision."
Clinton's Republican rival Donald Trump has sharply criticized the potential deal and said he would block it if elected.
"It's too much concentration of power in the hands of too few," the billionaire real estate magnate said at a recent rally. "Deals like this destroy democracy."
"We'll look at breaking that deal up and other deals like that."
The potential merger would join one of the most dominant telecommunications company with a leading provider of entertainment video and broadcasting, allowing smoother and more innovative content delivery to consumers, the companies have said.
Source: AFP
GMT 10:00 2018 Tuesday ,23 January
Facebook should pay for 'trusted' newsGMT 18:30 2018 Wednesday ,17 January
Google 'cloud' grows with new undersea data cablesGMT 12:03 2017 Friday ,22 December
Facebook pulling 'disputed' flags from fake newsGMT 06:44 2017 Wednesday ,13 December
Media host describes Egyptian TV as schoolGMT 07:48 2017 Thursday ,23 November
Lobna reveals details of her decision to join ON TVGMT 13:11 2017 Wednesday ,22 November
Host Sherine Dowik proud of her workGMT 12:48 2017 Saturday ,04 November
Iraqi TV host proud of being modelGMT 11:51 2017 Tuesday ,03 October
Souhair Shalaby prefers her careerMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor