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General

US court rules against DoJ, AT&T merger with Time Warner can go ahead

Wednesday 13 June 2018 | 08:58 CET | News
AT&T has received permission to buy Time Warner. The US District Court for the District of Columbia has ruled for AT&T and against the US Justice Department, which had serious reservations against the USD 85.4 billion deal. The department brought its case to court, delaying the merger process. Now that it is over, with no conditions or alleviations put on AT&T, the deal is widely expected to go through, thought the DoJ can still lodge an appeal. The DoJ expressed disappointment with the court decision and said it continues to believe that the pay-TV market will be less competitive and

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Categories: General
Companies: AT&T / DirecTV / Time Warner
Countries: United States
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