DOJ Will Appeal Court Ruling That OK'd AT&T Merger with Time Warner

 In this Oct. 24, 2016, file photo, the AT&T logo is positioned above one of its retail stores in New York. Photo: Mark Lennihan/AP File
In this Oct. 24, 2016, file photo, the AT&T logo is positioned above one of its retail stores in New York.

July 12, 2018 04:02 PM

Stung by a federal judge's dismissal of its objections to AT&T's megamerger with Time Warner, the Trump Justice Department is challenging the decision with a legal appeal.

The Justice Department said Thursday it is appealing the ruling last month by U.S. District Judge Richard Leon, which blessed one of the biggest media deals ever following a landmark antitrust trial.

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RELATED: Judge OKs AT&T Merger with Time Warner

Leon rejected the government's argument that the phone and pay-TV giant's $81 billion takeover of the entertainment conglomerate would hurt competition, limit choices and jack up prices for consumers to stream TV and movies.

Leon's ruling allowed Dallas-based AT&T to absorb the owner of CNN, HBO, the Warner Bros. movie studio, "Game of Thrones," coveted sports programming and other "must-see" shows.

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The Associated Press

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