WSJ - US Business

U.S. Files Lawsuit Challenging AT&T-Time Warner Deal

WASHINGTON—The Justice Department sued to block AT&T Inc. from taking over Time Warner Inc. on Monday, a sweeping challenge to a deal it says would give one company too much control in a rapidly evolving media landscape.

AT&T Chief Executive Randall Stephenson said the suit “defies logic” and that the company would fight the case, the first major antitrust action under the Trump administration.

Few…

WSJ.com: US Business

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