AT&T can complete its massive merger with Time Warner, judge rules

AT&T can complete its massive merger with Time Warner, judge rules

6 years ago
Anonymous $roN-uuAfLt

https://www.theverge.com/2018/6/12/17452870/att-time-warner-merger-decision-judge

In what could be one of the most consequential antitrust decisions in recent memory, a judge has ruled that AT&T and Time Warner can merge, despite a lawsuit from the Justice Department arguing that the deal would be anti-competitive.

Pending a possible appeal, the decision means the public will soon see a new telecom behemoth looming over the landscape, combining AT&T’s paid-TV subscribers with Time Warner’s content, which includes HBO, CNN, and Warner Bros. The federal judge ruling on the case did not impose any conditions on the deal as part of the decision, handing AT&T a clear victory in the dispute, while telegraphing a green light to other companies with similar plans.