Justice Department Concerned Over AT&T Merger With Time Warner
  • 6 years ago
According to Reuters on Thursday, the US Justice Department expressed concerns that AT&T Inc's proposed 85.4 billion dollar acquisition of Time Warner Inc would raise costs for rival entertainment distributors. A source familiar with the matter claimed that if the firms merged, the antitrust regulator believes it would inhibit the ability of "innovative new technologies to deliver content to consumers.
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