Law360 Quotes Partner David H. Evans on Comcast’s Failed Bid for Time Warner Cable
Partner David H. Evans was quoted in the Law360 article “3 Takeaways From Comcast’s Failed Bid For TWC.” The article outlines the failure of Comcast Corp.‘s $45 billion bid for Time Warner Cable Inc. and what it means for the industry. Mr. Evans commented on several issues, including that the lack of local head-to-head competition between the two companies did not stave off the agencies. “In the past ... that type of argument probably would have carried the day. [The agencies] would have allowed the merger to go through because they looked at competition in these local markets,” he said. “I think what you’re seeing now with Comcast-Time Warner is the AT&T-T-Mobile analysis is not at the margins. The national market is now a significant theory that has a lot of traction.”
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