DOJ Appeals Judge's Decision on AT&T-Time Warner Deal

A judge ruled last month that the Department of Justice failed to show the deal violated anti-trust law
By Newser Editors and Wire Services
Posted Jul 12, 2018 5:00 PM CDT
A file photo shows an AT&T logo at a store in Hialeah, Fla.   (AP Photo/Alan Diaz, File)

(Newser) – The US Department of Justice has filed an appeal of a judge's decision last month to allow a merger of AT&T and Time Warner. The AP reports that the DOJ filed the appeal Thursday in a bid to block the deal, which federal officials argue would make the television market less competitive and less innovative. Last month, US District Judge Richard Leon disagreed, ruling against the government's argument that the phone and pay-TV giant's $81 billion takeover of the entertainment conglomerate would hurt competition, limit choices and jack up prices for consumers to stream TV and movies. Per CNBC, AT&T has argued since announcing the megamerger in 2016 that it would help the company compete against Amazon and Netflix. (Read more AT&T stories.)

My Take on This Story
Show results without voting  |  
3%
21%
4%
36%
6%
30%