FILE PHOTO - An AT&T logo is pictured in Pasadena, California, U.S., January 24, 2018. REUTERS/Mario Anzuoni/File PhotoWASHINGTON - A U.S. appeals court approved wireless carrier AT&T Inc's deal to buy media company Time Warner on Tuesday, a defeat for the Trump administration which had argued the $85.4 billion merger would mean higher prices for consumers.
The three-judge panel on the U.S. Court of Appeals for the District of Columbia ruled unanimously in favor of the deal. The decision could end a 15-month effort by the Justice Department to block the deal.The Justice Department had asked the court to declare the deal illegal, arguing that AT&T, which owns DirecTV, would use ownership of Time Warner’s content, such as CNN and HBO's"Game of Thrones," to make pay-TV rivals pay more, thus raising prices for consumers.
The appeals court said it would give the Justice Department seven days to seek a rehearing or a review by the full appeals court before issuing the formal legal mandate. AT&T agreed it would have no role in setting Turner’s prices to distributors and the number of Turner employees would remain largely unchanged.
Complete Bullshit!
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US appeals court blesses AT&T's $81B merger with Time WarnerWASHINGTON (AP) — A federal appeals court has blessed AT&T's takeover of Time Warner, defeating the Trump administration by affirming that the $81 billion merger won't harm consumers or... Is Donald Trump doing good job? Tell us answer and win a visa gift card
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Appeals court backs AT&T acquisition of Time WarnerAppeals court rejects bid by the Justice Department to overturn a ruling that cleared the way for AT&T's acquisition of Time Warner, including CNN Could this be any more confusing to read? All anyone needs these days is a solid internet connection. Good luck making money on that. This is bad policy by government. Allowing companies to eliminate competition resulting in much higher cost for consumers ! NOT lowering cost as they propose because of reduced cost thru consolidation . A lie in itself.
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Federal appeals court upholds AT&T’s Time Warner merger, handing defeat to Justice DepartmentThe decision is a big defeat for the Justice Department's top antitrust chief, Makan Delrahim. And soon the Covington kids will defeat you Didn't we all learn as a kid how bad a monopoly is.... Trump just can’t win!
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US appeals court clears AT&T's $81B merger with Time WarnerSweet, can’t wait for prices to soar. Bad decision! Lets please appeal it to Supreme Court & I’ll tell you why.ATT denied me phone in Philly area bc my AZ ID didn’t have exp. on it. They don’t put exp dates on AZ ID,it’s there job to know that. Also after getting company phone ATTworker stole my tablet! They admit it
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