Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Federal judge approves AT&T-Time Warner merger

 


WASHINGTON — A federal judge approved the $85 billion mega-merger of AT&T and Time Warner on Tuesday, potentially ushering in a wave of media consolidation while shaping how much consumers pay for streaming TV and movies.

U.S. District Judge Richard Leon green-lit the merger without imposing major conditions as some experts had expected. The Trump Justice Department had sued to block the $85 billion merger, arguing that it would hurt competition in cable and satellite TV and jack up costs to consumers for streaming TV and movies.

http://www.startribune.com/fate-of-massive-at-t-time-warner-merger-in-us-judge-s-hands/485234161/

 

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