Friday, July 13, 2018

Justice Department Appeals Time Warner-AT&T Merger Approval

Here we go Trump harassment of the private sector.

The Justice Department will appeal the AT&T-Time Warner merger approval, according to a court document filed Thursday, reports CNBC.

AT&T General Counsel David McAtee said the company was surprised by the appeal.

“The Court’s decision could hardly have been more thorough, fact-based, and well-reasoned. While the losing party in litigation always has the right to appeal if it wishes, we are surprised that the DOJ has chosen to do so under these circumstances," McAtee said in a statement. "We are ready to defend the Court’s decision at the D.C. Circuit Court of Appeals."

In June, a federal judge ruled that the $85.4 billion deal was legal and imposed no conditions on the merger.


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