AT&T reaches deal to buy Time Warner for more than $80B
This is at face value so absolutely insane, I wonder what alternate reality I woke up in today.<p>This is horrible for competition! Holy effing fuck. What is going on with our regulators?<p>The telecoms are reconsolidating:<p><a href="http://online.wsj.com/media/attmap03282011.jpg" rel="nofollow">http://online.wsj.com/media/attmap03282011.jpg</a><p>The service providers are consolidating<p><a href="https://si.wsj.net/public/resources/images/BN-BQ192_cablec_G_20140221130703.jpg" rel="nofollow">https://si.wsj.net/public/resources/images/BN-BQ192_cablec_G...</a><p>Biomedical<p><a href="http://www.pm360online.com/wp-content/uploads/2014/05/History-of-BioPharma-Consolidation_1.jpg" rel="nofollow">http://www.pm360online.com/wp-content/uploads/2014/05/Histor...</a><p>It goes on and on. At this point I fully expect us all to one day do our banking at Google, receive our medical care from AT&T, and get all of our meals and groceries from Taco Bell.<p><a href="https://m.youtube.com/watch?v=gIcE4OvnqAY" rel="nofollow">https://m.youtube.com/watch?v=gIcE4OvnqAY</a>