AT&T/Time Warner merger will raise TV bills $436 million a year, US says

Enlarge / AT&T will own a bunch of new media properties if it is allowed to buy Time Warner. (credit: Aurich Lawson)

AT&T's proposed purchase of Time Warner Inc. would raise the total amount Americans pay for TV service by $436 million a year, the US Department of Justice alleges in its lawsuit attempting to block the merger.

"If TV-program distributor AT&T acquires TV-program producer Time Warner, American consumers will end up paying hundreds of millions of dollars more than they do now...

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