Subject: OT: Trump doesn't know what the "rule of law" means...
....and doesn't care:
'What would it look like if the President of the United States punished
American businesses he didn’t like, or news organizations that reported
things he didn’t like?
It would look like this: Trump’s Department of Justice is threatening to
scuttle AT&T’s purchase of Time Warner unless the merged companies dump
CNN and Turner, the cable unit that houses CNN, according to a source
familiar with the DOJ’s review.
The Financial Times first reported the news today, as did the New York
We got a hint of this this morning, when AT&T’s CFO said he wasn’t sure
when the deal would close — though he still thought it would close.'
'But don’t ask us. Ask antitrust expert Makan Delrahim, who announced
last year that the proposed deal shouldn’t be a problem.
Except now Delrahim has apparently changed his mind. Or, more precisely,
Delrahim now works for Donald Trump as the head of antitrust at the DOJ.
Since then, Delrahim has been signaling that he may have problems with
AT&T/Time Warner after all.
Sober industry observers — including ones that had problems with the
deal — figured that Delrahim wanted to slow down approval of the deal,
perhaps because he didn’t want to rubber stamp it.
And if he did have problems with it, a logical place to look would be
AT&T’s ownership of HBO, which rival pay TV networks had argued would
give HBO unfair footing.
Nope. Per the FT, “It’s all about CNN,” which makes sense if you are a
leader of a banana republic who believes that news outlets that report
stories critical of your leadership are “fake news.”'