Press accounts suggest that the Trump White House has given thought to using its leverage over the pending AT&T merger to pursue the President’s grievances against CNN, which is owned by merger participant Time Warner. Dangerous, though hardly unprecedented, stuff, I argue in my new post at Cato.
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On the other hand, it would become useful for potential merger partners to act and speak in such a way as to embarrass and degrade a sitting President. Then they could say that blocking the merger is political retribution.