U.S. Sues to Block AT&T-Time Warner Merger - The New York Times
WASHINGTON — The Justice Department sued to block AT&T’s $85.4 billion bid for Time Warner on Monday, setting up a showdown over the first blockbuster acquisition to be considered by the Trump administration and drawing limits on corporate power in the fast-evolving media landscape.
By challenging the deal, the Justice Department is taking an approach to antitrust issues that i