Mega Media Telecommunications Mergers

July 24, 1996
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Senator Paul Simon

Democrat from Illinois

The epidemic of mega media mergers is spreading. Last week, Time/Warner and Turner announced a 6.3 billion dollar merger, the largest and latest media merger to date. Some are worried the rash of mergers is concentrating too much power in fewer and fewer hands, a move that’s seen as profoundly anti-democratic.


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