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A Justice Department official told a Senate hearing that the proposed merger between EchoStar and DirecTV is taking up a lot of time for the department's antitrust staff, but wouldn't commit to a timeline concerning when it will issue a decision on the deal.
Charles James, assistant attorney general for the antitrust division, said "no single matter in the antitrust division is consuming more resources" than the pending satellite TV merger.
That's OK with EchoStar, which continues to push the $26 billion deal to regulators in Washington, D.C. "We are pleased to hear that Assistant Attorney General Charles A. James and the U.S. Justice Department are going through a rigorous review of our proposed merger. We believe in the integrity of the process and are confident that after they analyze all the facts they will make the right decision for the American consumer," said EchoStar spokesman Marc Lumpkin.
From SkyReport (Used with Permission)
Charles James, assistant attorney general for the antitrust division, said "no single matter in the antitrust division is consuming more resources" than the pending satellite TV merger.
That's OK with EchoStar, which continues to push the $26 billion deal to regulators in Washington, D.C. "We are pleased to hear that Assistant Attorney General Charles A. James and the U.S. Justice Department are going through a rigorous review of our proposed merger. We believe in the integrity of the process and are confident that after they analyze all the facts they will make the right decision for the American consumer," said EchoStar spokesman Marc Lumpkin.
From SkyReport (Used with Permission)
