The Justice Department is suing AT&T to block its $85 billion bid for Time Warner
http://www.washingtonpost.com/blogs/the-switch/wp/2017/11/20/the-justice-department-just-sued-att-to-block-its-85-billion-bid-for-time-warner/
The Department of Justice sued Monday to block AT&T’s $85 billion bid for entertainment conglomerate Time Warner, setting the stage for one of the biggest antitrust cases to hit Washington in decades.
The suit is fraught with legal and political risks for both sides. Some Democrats have expressed concern that antitrust officials could be seeking to block the deal because the Trump administration has been highly critical of CNN, which is owned by Time Warner – a charge that the White House and Justice Department have denied.