With AT&T, Time Warner deal, antitrust cops should emulate FCC
San Francisco Chronicle - 10/27/2016
That’s all speculative since the effects of the merger will unfold years after the feds bless the union — in ways that are likely hard to envision now, given the fast changes in technology and consumer behavior.
Yet recent research shows that mergers, even if approved with conditions by regulators, lead to higher prices for consumers. John Kwoka, a professor at Northeastern University, studied 46 mergers and found that prices rose an average of 7.29 percent.