AT&T Claims Buying DirecTV Will Bring Prices Down

Episode 1092 (56:49)

In their effort to replace their failed UVerse Internet and Entertainment packaging, AT&T wants to buy DirecTV. AT&T has also promised everyone that if the deal goes through, prices will drop. Leo says that would be a first. All too often, when there's less choice, prices go up. And with Comcast going after Time Warner and now AT&T going after DirecTV, he doesn't expect prices to drop any time soon. Quite the opposite, actually.