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AT&T’s acquisition of DirecTV appears headed for approval with conditions

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AT&T’s acquisition of DirecTV appears headed for approval, with Tom Wheeler, chairman of the Federal Communications Commission circulating to commissioners an order recommending approval, although with some conditions.

The Department of Justice’s Antitrust Division also announced Tuesday that it will close its investigation into the around US$48 billion deal.

Assistant Attorney General Bill Baer of the Antitrust Division said in a statement that the division had concluded that the combination of AT&T’s land-based Internet and video business with DirecTV’s satellite-based video business does not pose a significant risk to competition.

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