Telecom Deals Put Lawyers to Work
As federal antitrust regulators review Comcast Corp.'s pending $45 billion purchase of Time Warner Cable Inc. and AT&T Inc.'s $49 billion deal for DirecTV LLC, competitors and public interest advocates are on the attack — and they're lawyering up with outside and in-house counsel to fight.
August 18, 2014 at 02:18 PM
8 minute read
As federal antitrust regulators review Comcast Corp.'s pending $45 billion purchase of Time Warner Cable Inc. and AT&T Inc.'s $49 billion deal for DirecTV LLC, competitors and public interest advocates are on the attack — and they're lawyering up with outside and in-house counsel to fight.
Filings with the Federal Communications Commission (FCC) show that at least a dozen companies or groups including Dish Network Corp., Netflix Inc., Cogent Communications Group Inc. and the American Cable Association have hired outside counsel including Boies, Schiller & Flexner and Steptoe & Johnson LLP to lobby regulators during the merger review process. Others like Free Press, Broadview Networks Inc. and the Independent Telephone and Telecommunications Alliance are handling advocacy in-house.
As for the merging companies, they've tapped nine law firms to fight off the attacks and convince the feds to green-light their transactions.
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