Trump Says He Would Block AT&T-Time Warner Deal

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Republican presidential nominee Donald Trump said he wouldn’t approve a proposed merger between AT&T Inc. T and Time Warner citing his opposition of further consolidation in the media industry.

“AT&T is buying Time Warner, and thus CNN, a deal we will not approve in my administration because it’s too much concentration of power in the hands of too few,” he said at a rally in Gettysburg, Pa., on Saturday. Mr. Trump said the deal is “an example of the power structure I am fighting.”

Mr. Trump also said he never would have approved Comcast Corp.’s 2011 acquisition of NBCUniversal, which similarly combined content and distribution companies.

Comcast’s “purchase of NBC concentrates far too much power in one massive entity that is trying to tell the voters what to think and what to do,“ he said. ”Deals like this destroy democracy. And we’ll look at breaking that deal up and other deals like that. This should never ever have been approved in the first place.”

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