Justice Department to appeal Time Warner-AT&T merger
The Department of Justice said Thursday that it would move to appeal the approval of a massive merger between Time Warner and AT&T, CNBC reports. The $85.4 billion deal was approved by a federal judge in June, despite the DOJ's protest at the time that the merger would render the TV industry "less competitive and less innovative."
The DOJ's decision to appeal the approval was revealed in a court filing Thursday. In approving the deal last month, U.S. District Court Judge Richard Leon determined that the government had not sufficiently showed that the joining would reduce competition in the TV market, The New York Times explains, but acknowledged that an appeal would be "fair game."
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Kimberly Alters is the news editor at TheWeek.com. She is a graduate of the Medill School of Journalism at Northwestern University.
-
Langdale Chase Hotel: a cosy nook in the Lake District
The Week Recommends This Victorian villa has breathtaking views and expansive gardens
By Natasha Langan Published
-
Orkney's war on stoats
In the Spotlight A coordinated stoat cull on the Scottish islands has proved successful – and conservationists aren't slowing down
By Abby Wilson Published
-
Quiz of The Week: 26 October - 1 November
Have you been paying attention to The Week's news?
By The Week Staff Published
-
US economy still strong in final preelection report
Speed Read It grew at a solid 2.8% annual rate from July through September
By Peter Weber, The Week US Published
-
Boeing machinists reject deal, continue strike
Speed Read The rejection came the same day Boeing reported a $6.2 billion quarterly loss
By Peter Weber, The Week US Published
-
Ports reopen after dockworkers halt strike
Speed Read The 36 ports that closed this week, from Maine to Texas, will start reopening today
By Peter Weber, The Week US Published
-
Empty-nest boomers aren't selling their big homes
Speed Read Most Americans 60 and older do not intend to move, according to a recent survey
By Peter Weber, The Week US Published
-
Brazil accuses Musk of 'disinformation campaign'
Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
By Rafi Schwartz, The Week US Published
-
Disney board fends off Peltz infiltration bid
Speed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
By Rafi Schwartz, The Week US Published
-
Disney and DeSantis reach detente
Speed Read The Florida governor and Disney settle a yearslong litigation over control of the tourism district
By Peter Weber, The Week US Published
-
Visa and Mastercard agree to lower swipe fees
Speed Read The companies will cap the fees they charge businesses when customers use their credit cards
By Peter Weber, The Week US Published