US DOJ Appeals AT&T's Time Warner Acquisition

Posted by Kyle 4:32 PM (CDT)

Thursday July 12, 2018

The Department of Justice thinks that AT&T acquiring Time Warner will put many Americans in a situation that will harm consumers and has not exercised its right to appeal the previous court decision that paved the way to let the combining of the two companies to move forward.

Judge Richard Leon of U.S. District Court for the District of Columbia ruled that the tie-up between AT&T’s wireless and satellite businesses with Time Warner’s movies and television shows was legal under antitrust law. The Justice Department had argued the deal would harm consumers.