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AT&T-Time Warner Ruling Paves Way For Industry Overhaul

Law360 (June 13, 2018, 6:57 PM EDT) -- The telecommunications and media space is poised for an overhaul now that a D.C. federal judge has approved AT&T’s $85.4 billion Time Warner buy, with the ruling squashing doubt about the vertical merger’s effect on competition after a challenge by the U.S. Department of Justice.

U.S. District Judge Richard J. Leon sided with AT&T Inc. on Tuesday, rejecting the DOJ's arguments that a combination with Time Warner Inc. would likely drive up consumer pay-TV rates by hundreds of millions of dollars a year. Judge Leon, in...
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