U.S. Justice Department will not appeal AT&T, Time Warner merger after court loss

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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Источник: washingtonpost - 🏆 95. / 72 Прочитайте больше »

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Источник: ABC - 🏆 471. / 51 Прочитайте больше »

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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AT&T defeats U.S. in merger fight to buy Time WarnerA 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. AT&T's second major court victory against the Justice Department Complete Bullshit!
Источник: YahooNews - 🏆 380. / 59 Прочитайте больше »

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.
Источник: cnnbrk - 🏆 393. / 55 Прочитайте больше »