U.S. Appeals Court Rejects Justice Department Antitrust Challenge to AT&T-Time Warner Deal - News Summed Up

U.S. Appeals Court Rejects Justice Department Antitrust Challenge to AT&T-Time Warner Deal


From AT&T and Time Warner to the hot pursuit of 21st Century Fox and Sky, media mergers are in full swing. WSJ's Amol Sharma answers all your questions about the forces driving media deals. (Originally publishing July 27, 2018)WASHINGTON—A federal appeals court on Tuesday rejected the Justice Department’s bid to roll back AT&T Inc.’s 2018 acquisition of entertainment company Time Warner, a second defeat for government antitrust enforcers who sought to sink the $80 billion-plus deal. The U.S. Court of Appeals for the District of Columbia Circuit unanimously affirmed a trial judge’s ruling in June that found the deal was unlikely to harm competition.


Source: Wall Street Journal February 26, 2019 15:24 UTC



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