• Justice Department appeals approval of AT&T-Time Warner merger

    4 monthes ago - By PhoneDog

    One month after AT&T's mega acquisition of Time Warner was completed , the U.S. Justice Department is appealing the deal's approval.
    A court filing today revealed that the Justice Department will appeal the AT&T-Time Warner merger despite the fact that it was recently completed. The DoJ actually tried to block the merger before it was completed, too, arguing that it would make pay TV "less competitive and less innovative." However, a federal judge ruled that the government didn't show that the deal would significantly decrease competition and so he let it continue without conditions.
    It's...
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  • DOJ files to appeal court approval of AT&T's $85.4 billion purchase of Time Warner

    DOJ files to appeal court approval of AT&T's $85.4 billion purchase of Time Warner

    4 monthes ago - By Phone Arena

    Back in the middle of last month, U.S. District Judge Richard Leon ruled in favor of AT&T's purchase of Time Warner, and against the DOJ. That decision allowed the $85.4 billion transaction to go through. Judge Leon made it clear in no uncertain terms that the Justice Department should not appeal his ruling. In addition, the judge did not force AT&T to make any divestitures to help glide the deal through court approval.
    However, a court document filed today indicates that the Justice Department will appeal the decision. This decision to appeal could have been ...
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