AT&T doesn't have to worry that its acquisition of Time Warner might be undone. A federal appeals court has upheld the merger in the face of a Justice Department challenge from July. The explanation behind the decision isn't available as of this writing, but the judge who approved the deal didn't apply conditions. The DOJ was concerned AT&T might raise prices and reduce competition in pay TV by charging providers more for Time Warner (now WarnerMedia) programming.
Source: CNBC
Appeals court upholds AT&T's purchase of Time Warner posted first on https://www.engadget.com
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