AT&T and Time Warner merger slapped with antitrust lawsuit

A potential merger between AT&T and Time Warner has been slapped with an antitrust lawsuit from the U.S. Department of Justice. Since the deal was confirmed just over a year ago, there has been ongoing concern that it could be bad for consumers and rivals.

Time Warner is one of the world’s biggest entertainment companies. It owns the likes of HBO, Warner Bros., and the Turner Broadcasting System. Taking control of these names would be a huge benefit for AT&T, but there is significant...

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