Justice Department makes final plea to judge to halt AT&T's proposed purchase of Time Warner or significantly scale it back
by Jim Puzzanghera, Los Angeles Times
Apr 30, 2018
3 minutes
WASHINGTON - The government on Monday made its final plea to a federal judge to block AT&T Inc.'s $85.4-billion purchase of Time Warner Inc. or order it significantly scaled back, arguing that the combined company would be so powerful it would hinder competition and raise pay TV prices for consumers.
"This merger is a big deal.... It would have a massive impact on the structure of the pay TV industry," Justice Department lawyer Craig Conrath said in his closing
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