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Linda Grimm

In: Historic Documents of 2018

Chapter : Trump Administration and Courts Rule on Tech Mergers : March 12, June 12, and September 11, 2018

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Trump Administration and Courts Rule on Tech Mergers : March 12, June 12, and September 11, 2018
Trump Administration and Courts Rule on Tech Mergers
Linda Grimm

Three major mergers within the U.S. technology sector drew federal regulators’ attention in 2018. In an unusual move, President Donald Trump issued an executive order to block the proposed takeover of Qualcomm by foreign-based Broadcom before a final agreement had been reached, citing national security concerns. In June, a federal district court denied the government’s request to prevent AT&T and Time Warner from merging; less than two months later, the U.S. Justice Department appealed the ruling. Finally, the Federal Communications Commission (FCC) began its review of a proposed merger between T-Mobile and Sprint.

Administration Blocks Chip ...

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