What The Time Warner Case Means For Antitrust Enforcement

By Matthew Perlman (June 14, 2018, 7:55 PM EDT) -- The federal government was dealt a heavy blow this week when U.S. District Judge Richard Leon soundly rejected its first court challenge to a purely vertical merger in decades, and the outcome of the AT&T-Time Warner trial provides some guidance about what to expect from future enforcement efforts.

Judge Leon issued his opinion on June 12 in D.C. district court, denying the U.S. Department of Justice's bid to block AT&T Inc.'s planned $85.4 billion purchase of Time Warner Inc., following a contentious trial that lasted nearly six weeks. The judge was unconvinced by the DOJ's theory that AT&T's ownership of the...

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