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

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In a much anticipated decision, Judge Richard Leon on June 12, 2018, 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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