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Nadia Prupis – AT&T Preps “Media Colossus” with Time Warner at Customers’ Expense

A mega-merger between AT&T and Time Warner, which could come as early as this weekend, would create a “media colossus” at the expense of customers and fair competition, watchdogs warned on Saturday. The companies are reportedly in “advanced talks” for AT&T to acquire Time Warner—thus taking over CNN, HBO, TBS, TNT, and Warner Brothers, among other properties—at a time when …