AT&T–Time Warner Decision: Impact on Consumers and the Industry
U.S. District Judge Richard Leon recently gave the green light to AT&T (T) to acquire Time Warner (TWX). This decision ended the lawsuit brought by the U.S. Justice Department, resulting in a major setback for the Trump administration. The deal marries AT&T Wireless, DIRECTV, and U-Verse with Time Warner’s HBO, Warner Bros., and its Turner networks—including CNN. The deal is expected to help AT&T compete with challengers such as Netflix (NFLX).