AT&T/Time Warner deal faces a hurdle in Brazil

After being given the green light in Mexico, AT&T’s acquisition of Time Warner is coming under closer scrutiny in Brazil, relating to competition concerns.
The General Superintendence of the Administrative Council for Economic Defense (CADE) has put forward the opinion there might be a bit too much control for the US telco in the pay-TV space, considering it also controls Sky in the country. Both Time Warner and Sky have what the regulator has described as ‘considerable market po