The government just gave its explanation for appealing the $85 billion AT&T-Time Warner merger
https://www.cnbc.com/2018/08/06/why-the-government-is-appealing-atts-85-billion-acquisition-.html
The U.S. Department of Justice released its written argument explaining why it's appealing AT&T's $85 billion acquisition of Time Warner, a deal that was approved by U.S. District Court Judge Richard Leon in June.
The government argues Judge Leon ignored "mainstream economics" in his decision because he refused to see a deal as having "an appreciable danger" of raising prices on consumers in the future.
The government just gave its explanation for appealing the $85 billion AT&T-Time Warner merger
Aug 6, 2018, 9:19pm UTC
https://www.cnbc.com/2018/08/06/why-the-government-is-appealing-atts-85-billion-acquisition-.html
> The U.S. Department of Justice released its written argument explaining why it's appealing AT&T's $85 billion acquisition of Time Warner, a deal that was approved by U.S. District Court Judge Richard Leon in June.
> The government argues Judge Leon ignored "mainstream economics" in his decision because he refused to see a deal as having "an appreciable danger" of raising prices on consumers in the future.