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EchoStar's $600 million gamble that it will win antitrust approval to acquire DirecTV is risky, but experts say the company has crafted a novel theory that has a chance of succeeding. The company argues that a merger would bolster competition by letting EchoStar challenge cable in about 100 markets. If the Department of Justice accepts this argument, the companies may complete their $25 billion deal. If not, they will go to court.
November 16, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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