A Quote by Blake Farenthold
You can't not approve a merger because you don't like the companies' politics. That's just not right.
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What if the slowdown in merger activity isn't cyclical, but secular? What if corporations have learned the lessons of so many companies before them that the odds of a successful merger are no better than 50-50 and probably less? Is it possible that the biggest deals have already been done?
This is certainly not the first case in which a merger approved in one place hasn't gone through in the other. There was a case last year where the merger between two EU companies was approved here and blocked in the U.S.
If you do or don't like something it's because of that thing and not because it has the right politics behind them or the right company or the right connections. It's really just about the thing itself.
When you have competing companies that are engaging in the raising of prices in lock step with each other, you have to question whether or not this in coincidence or price fixing. With the merger of Exxon and Mobil and Chevron and Texaco, we have very little competition among the energy companies.
The United States is walking in the same direction as China, we're just allowing private companies to monetize left, right and center. Just because it's not the state doesn't mean that there isn't harmful impacts that could come if you have one or two large companies monitoring or tracking everything you do.
Today's merger makers are not ad people; they're building communications companies.
I'm not naive. All politics is about identity, right? Neighborhood politics, cultural politics, issue politics. It's not as though I don't get that. It's just - it has to be, I think, tempered in a way that is for our overall advancement and not to our detriment or obliteration. When I say 'our,' I don't mean just communities of color.
I hate to hear people say this Judge will vote so and so, because he is a Democrat -- and this one so and so because he is a Republican. It is shameful. The Judges have the Constitution for their guidance; they have no right to any politics save the politics of rigid right and justice when they are sitting in judgment upon the great matters that come before them.
Obamacare is dead. Obamacare right now, all the insurance companies are fleeing. Places like Tennessee have already lost half of their state with the insurance companies. They're all going. Obamacare, John, is dead. Okay, because we're being - we're being compared to Obamacare. Just, so. Obamacare doesn't work.
I mean, I don't think the Facebook merger with WhatsApp and Instagram should have been approved. But I'm not for reflexively breaking up tech companies.
Insurance companies, drug companies are going to have to be ponying up, partly because right now they're receiving huge subsidies.
What would you do, sir, if terrorists were killing 45,000 people every year in this country? Well, the current health care system, the insurance companies, and those who support them are doing just that. [...] Because they die individually because of disease and not disaster, [radio host] Neal Boortz and all those who ape him approve this. Forty five thousand a year in America. Remind me again, who are the terrorists?
My shows aren't about trying to save some place, because I don't feel that's the right venue for it. That's my politics right there: Don't bring politics to my shows.
Like other antitrust agencies we make our assessment of a merger or antitrust case based on its impact on our jurisdiction, and not on the nationality of the companies. This is exactly what the U.S. antitrust agencies, the Justice Department and the FTC, do.
Let me just say that the politics that I have are never the politics of poetics. I am not interested in politics. Politically, I am only very conscious of how we live and what we do right and what we do so awfully wrong.
While there continue to be critics of the Comcast-NBC merger, it's hard to argue that competition in news and entertainment has diminished as a result, given the rise of Netflix and Amazon and the explosion in entertainment options that followed the merger.
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