Justice Department Challenges AT&T-Time Warner Merger Decision
Last week the U.S. Department of Justice challenged the June 12 decision by Judge Richard J. Leon of the U.S. District Court in Washington to allow a merger between AT&T and Time Warner to go through, reports the New York Times. Judge Leon disagreed with the DOJ, who filed suit against the deal in November 2017, that the merger would give the combined companies a competitive advantage and hurt consumers, approving the $85.4 billion merger. The decision essentially allowed AT&T and Time Warner to become Warner Media, a media and telecommunications behemoth with television stations, a movie studio, a wireless company and DirecTV.
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