Trump Antitrust Division chief Makan Delrahim brokered a deal to let Disney get bigger by buying Fox. And now it's all fallen apart
Fun fact: If you have Spectrum Internet/TV service, you can also get Spectrum Mobile, which hilariously is born of a poorly negotiated agreement between Verizon/Spectrum that gives equal ownership to Verizon towers to Spectrum. Apparently, Verizon never thought Spectrum would get into the mobile business, which they have. I pay $14/mo for 1GB on the very same towers that Verizon customers use, apparently without any reduction in priority or service.
Beahvioural remedies should not even be called remedies. It's completely non-factual. They're more like pinky promises that are incredibly hard for regulators to keep track off, let alone enforce on a macroeconomic scale.
Negotiated divestitures are always of toxic assets, which is why the merging company is willing to divest them.
Good on the FTC for stopping that practice.
This isn’t showing up in the substack app, I only found out about it because you posted on Twitter