US courts aim to block Time Warner Acquisition

INDUSTRY NEWS: posted 21 November 2017

A lawsuit has been filed by the US Department of Justice, to block AT&T's acquisition of Time Warner, the owner of CNN and HBO.

The department said the merger would reduce competition and lead to higher consumer prices.

AT&T vowed to fight the move, calling it a radical departure from US competition practice.

Read the full story here: http://www.bbc.co.uk/news/business-42058846

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