DOJ antitrust chief touts blocked mergers
Jonathan Cantor, head of the Justice Department’s antitrust division, on Wednesday tore down the department’s track record of blocking mergers in concentrated markets, amid continuing tensions between policymakers and big business as political coalitions rebuild. praised. Cantor, who has overseen the halting of mergers from airlines to book publishing and the first criminal monopoly wins […]
CFPB Head Wary of Big Credit Card Mergers – PYMNTS.com
A major US consumer finance watchdog is skeptical of large-scale mergers between credit card companies. Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra expressed these concerns on Wednesday (April 24). interview In an interview with the Financial Times (FT), capital one Working towards completion of $35 billion acquisition Discover. “We need to carefully scrutinize what […]
Hollywood’s Last Gasp Is Through Desperate Streaming Mergers
Streaming mergers are Hollywood’s last hope. The box office is soaring because of some awful, hyper-political movie. Thanks to streaming, the cable/satellite TV cash cow is dying. Almost every standalone streaming service other than Netflix loses billions of dollars due to inferior products. All that remains is for Hollywood to try to reinvent the racket […]