Yesterday, the Department of Justice appealed a courts’ decision to approve the AT&T-Time Warner merger in a filing with the D.C. Circuit Court of Appeals.
CEI Research Fellow and Regulatory Counsel Ryan Radia said:
“The Department of Justice is doubling down on its dubious case against the AT&T-Time Warner transaction by appealing the District Court's decision to the Court of Appeals for the D.C. circuit. Judge Leon's thorough opinion persuasively concluded that the government didn't meet its burden of showing that this deal is likely to harm competition. If this merger is delayed or scuttled, consumers will ultimately suffer, as the merged company won't be able to offer individualized content and develop a smarter approach to cable television advertising.”
Read CEI’s statement on the district court’s approval of the AT&T-Time Warner merger here.