WASHINGTON - AT&T Inc emerged victorious on Tuesday over the Trump administration’s drawn-out attempts to block its $85.4 billion purchase of Time Warner as the U.S. Justice Department said it would not fight an appeals court ruling approving the deal.
It was AT&T’s second major court victory against the Justice Department, setting the stage for the No. 2 wireless carrier to integrate its WarnerMedia business as well as its new Xandr advertising unit. McAtee said the merger “has already yielded significant consumer benefits and will continue to do so for years to come.”
AT&T agreed to manage the Turner network separately until Feb. 28, or until the conclusion of any appeal by the Justice Department. AT&T also agreed it would have no role in setting Turner’s prices to distributors and the number of Turner employees would remain largely unchanged.
It's quite evident there is no competition in the American economy ..it's people are subjected to a dozen companies who own everything..competition is a mirage
People are so blinded by their hatred of the POTUS that they celebrate the creation of a monopoly.
Time to break up these big companies that control the media and the internet.
You are deceiving the world with your isolation of truth. I hope the President realDonaldTrump , can get a hold on your awful monopoly.
Herbert_L_Reed Can you say monopoly control the media you control the People.
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