Breaking News

Akasa Announces Fermi CM5 Fanless Case for Raspberry Pi Compute Module 5 LG Electronics Advances the LG Sound Suite Experience With New DTS DJI Delivers First Drone Dock with Automated, 25-Second Battery Swaps ASUS Announces ExpertBook A7 (AMD) Kioxia Introduces Direct Liquid Cooling Support for Enterprise SSDs

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

Search form

Justice Department Loses Appeal Looking to Reverse the AT&T–Time Warner Merger

Justice Department Loses Appeal Looking to Reverse the AT&T–Time Warner Merger

Enterprise & IT Feb 26,2019 0

The Justice Department has lost an appeal seeking to reverse the merger of AT&T and Time Warner.

The Justice Department sued last year to halt the deal, arguing that it would stifle competition. But after a months-long court battle, a judge handed down an extraordinarily one-sided decision in the companies’ favor earlier this year.

The Justice Department moved to appeal the decision, but allowed the $85 billion deal to move ahead without a fight as the appeals court made its determination.

Today, the panel of judges on the court announced that the department had failed to demonstrate anticompetitive behavior.

While the Justice Department could appeal the decision further to the Supreme Court, it’s unclear that it will be willing to continue the fight. The Trump administration has been trying to unravel the tie-up saying that it would lead to higher prices for pay-TV subscribers around the country.

In a statement, AT&T General Counsel David McAtee argued the merger had “yielded significant consumer benefits.”

“While we respect the important role that the U.S. Department of Justice plays in the merger review process, we trust that today’s unanimous decision from the D.C. Circuit will end this litigation,” McAtee said in the statement.

The case is U.S. v. AT&T Inc., 18-5214, U.S. Court of Appeals, District of Columbia Circuit (Washington).

Tags: AT&TTime Warner
Previous Post
AUO is Working on Flexible Displays for Folding Smartphones
Next Post
European Parliament Backs Provisional Agreement For New European Copyright Rules

Related Posts

  • Alphabet's Loon and AT&T to Offer Global Connectivity Solutions

  • Wireless Companies Extend Concessions for Coronavirus-hit Until June 30

  • AT&T Revenue Drops 4.5%, Company Withdraws Guidance

  • AT&T's Xandr Announces New Data-Driven Advertising Technology

  • AT&T, Palo Alto Networks and Broadcom Collaborate on a Disaggregated Scalable Firewall

  • AT&T and Google Cloud Team Up to Enable Network Edge 5G Computing Solutions for Enterprises

  • AT&T TV Launches Today

  • FCC Proposes Over $200 Million fines Against Wireless Carriers For Failing to Protect Consumer Location Data

Latest News

Akasa Announces Fermi CM5 Fanless Case for Raspberry Pi Compute Module 5
Cooling Systems

Akasa Announces Fermi CM5 Fanless Case for Raspberry Pi Compute Module 5

LG Electronics Advances the LG Sound Suite Experience With New DTS
Consumer Electronics

LG Electronics Advances the LG Sound Suite Experience With New DTS

DJI Delivers First Drone Dock with Automated, 25-Second Battery Swaps
Drones

DJI Delivers First Drone Dock with Automated, 25-Second Battery Swaps

ASUS Announces ExpertBook A7 (AMD)
Enterprise & IT

ASUS Announces ExpertBook A7 (AMD)

Kioxia Introduces Direct Liquid Cooling Support for Enterprise SSDs
Enterprise & IT

Kioxia Introduces Direct Liquid Cooling Support for Enterprise SSDs

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

SoundPeats Cove Pro

SoundPeats Cove Pro

Akaso Brave 8 Lite

Akaso Brave 8 Lite

SoundPeats C30

SoundPeats C30

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

be quiet! Dark Perk Mice

be quiet! Dark Perk Mice

XbotGo Chamaleon

XbotGo Chamaleon

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed