AT&T Time Warner merger DOJ lawsuit

The Department of Justice has filed a suit to prevent the AT&T/Time Warner merger from going through, AT&T confirmed in a press release issued today.

"Today's DOJ lawsuit is a radical and inexplicable departure from decades of antitrust precedent," said David McAtee, senior executive vice president and general counsel of AT&T, in a statement. "Vertical mergers like this one are routinely approved because they benefit consumers without removing any competitor from the market. We see no legitimate reason for our merger to be treated differently."

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The Department of Justice is suing to stop the AT&T/Time Warner merger originally appeared on on Mon, 20 Nov 2017 at 16:44:21 EDT. Please see our terms for use of feeds.