Republican presidential nominee Donald Trump said Saturday he opposes the $85 billion merger between AT&T and Time Warner, arguing the major media deal would result in “too much concentration of power” and vowing if elected to undo the deal.
“We’ll look at breaking this deal up,” Trump said at a policy speech in Gettysburg, Pennsylvania, amid a Wall Street Journal report that an agreement between the companies had been reached.
Trump, who has recently said during his campaign that the liberal media has “rigged” the election against him, argued Saturday that such a deal is another example of too few people disseminating information to Americans.
“Too much power in the hands of too few,” said Trump, who also pointed to Amazon founder Jeff Bezos’ purchase several years ago of The Washington Post. “They are trying to tell voters what to think and do.”
The telecom giant AT&T’s purchase of Time Warner would likely include the ownership of CNN and HBO.
The winner of the 2016 White House race between Trump and Democratic rival Hillary Clinton will be decided on Nov 8. But even if Trump loses, the merger is expected to face scrutiny from the Justice Department and the Federal Communications Commission.
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Trump also suggested that he wanted to break up the Comcast-NBC Universal merger.