DOJ Appeals Court Decision Clearing Way For AT&T-Time Warner Merger - FbiCables Network | The News that Shapes World Opinion

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Friday, July 13, 2018

DOJ Appeals Court Decision Clearing Way For AT&T-Time Warner Merger


FILE – In this Wednesday, June 13, 2018, file photo, the logos for Time Warner and AT&T appear above alternate trading posts on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File)
The Department of Justice is appealing a recent ruling, clearing the way for a merger between Time Warner and AT&T.
This comes after the merger was given the green light by a judge last month.
The Trump administration has long opposed the $85 billion merger, arguing it would negatively affect competition in the television industry.
AT&T has since responded, saying it’s surprised the DOJ is exercising its right to appeal and it’s ready to defend the court’s decision at the D.C. Circuit Court of Appeals — something that may take place in the next few weeks.

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