Court Rejects DOJ Challenge to AT&T/Time Warner Vertical Merger

Court Rejects DOJ Challenge to AT&T/Time Warner Vertical Merger


By: Nathaniel L. Asker, Aleksandr B. Livshits, Matthew E. Joseph
 

In a much anticipated decision, Judge Richard Leon on Tuesday rejected the Department of Justice's challenge of AT&T Inc.'s acquisition of Time Warner Inc. The case represents the first opinion in four decades addressing an antitrust challenge to a “vertical” merger, which combines firms that participate at different levels of the supply chain and do not compete.

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