Brazil’s antitrust authorities may present bigger challenges to AT&T’s $85 billion bid for Time Warner than U.S. ones might. A staff report from the country’s Administrative Council for Economic Defense — known as Cade — says the corporate union might violate laws that bar pay TV distributors from also owning content, Bloomberg reports. AT&T’s 2015 acquisition of DirecTV also gave it 93% of Sky Brasil — the country’s No.

Topics:  u.s    council   economic defense   cade   bloomberg   directv   sky brasil   at&t s   time warner   tv   antitrust   union   pay   country   

 

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