AT&T and Time Warner merger approved by federal judge over DOJ objection

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Telecom giant AT&T will be allowed to move forward with the merger it negotiated with Time Warner, a federal judge ruled Tuesday in a long-awaited decision expected to have major implications for future mergers and how consumers navigate the media landscape.

In the lawsuit brought forward by the Department of Justice, Judge Richard Leon sided against the government’s claims that the $85.4-billion deal between the two companies would violate antitrust laws and unfairly lead to higher prices for consumers.

AT&T says it plans to move forward with the deal in less than a week, leaving a small window of time for the justice department to file an appeal.

Analysts say the judge’s go-ahead will likely rewrite the rules on how courts apply antitrust laws, paving the way for a number of other potential sales involving names like Comcast, Disney, 21st Century Fox and several other content creation and distribution companies.
https://www.huffingtonpost.com/entry/at ... dc7e46f0b6

This comes on the heels of the Net Neutrality Rule rejection. The oligarchy wins again.
Facts do not cease to exist because they are ignored.-Huxley
"We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can't have both." ~ Louis Brandeis,

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