United States sues to stop AT&T buying Time Warner, says would hike rates

United States sues to stop AT&T buying Time Warner, says would hike rates

The Justice Department sued on Monday to block AT&T's merger with Time Warner, calling it an "illegal" combination that harms consumers and stifles innovation, DOJ officials said.

"This merger would greatly harm American consumers", said Makan Delrahim, the assistant attorney general for antitrust, said in a statement. As the case heads to court, this could set up one of the biggest antitrust showdowns in many years.

AT&T reaffirmed its plans to challenge the government's lawsuit, arguing that its plan is a "vertical" merger without competitive overlap.

More news: Apple delays release of smart speaker - HomePod

Earlier this month, reports suggested that the DOJ was pushing AT&T to sell off either DirecTV or Turner Broadcasting, which houses CNN, in order to get the green light for the merger.

On Monday, AT&T's general counsel David McAtee called the DOJ lawsuit "a radical and inexplicable departure from decades of antitrust precedent". In 2011, for example, the office affirmed a comparative arrangement - Comcast's obtaining of NBCUniversal - in the wake of forcing various conditions on the exchange.

In statements to the Justice Department, AT&T said specifically that distributors who control popular programming "have the incentive and ability to use that control as a weapon to hinder competition", the official quoted AT&T as saying verbatim.

More news: India's Manushi Chhillar is Miss World 2017

AT&T's rocky quest to complete its acquisition of Time Warner just hit another speed bump.

The Trump administration has had a strained relationship with the news network. "This deal would give AT&T way too much power to undercut competitors and raise costs on TV viewers and internet users everywhere".

More news: Kim Kardashian Reveals The Gender Of Baby Number 3

Related Articles

  • Trump declares North Korea a state sponsor of terror

    Trump declares North Korea a state sponsor of terror

    North Korea was taken off the US list of state sponsors of terror in 2008 during nuclear negotiations with the George W. Trump accused North Korea of "repeatedly" supporting global terrorism, "including assassinations on foreign soil".
    Middle-earth: Shadow of War offering free DLC

    Middle-earth: Shadow of War offering free DLC

    Endless Siege – Defend your fortresses against Saurons forces as the Dark Lord tries to reclaim Mordor in the Endless Siege . Season Pass content for Middle-earth: Shadow of War was announced back in October , and now we know the release dates for.
    Trump mocks Franken, reticent on Moore, despite his own history

    Trump mocks Franken, reticent on Moore, despite his own history

    Al Franken , D-Minn., on Thursday night, after Franken was accused of forcibly kissing and groping a woman 11 years ago. The Alabama Republican Party has to decide if they want to have standards for the people that run in their elections.
  • Cop killer sought in Pennsylvania manhunt

    Cop killer sought in Pennsylvania manhunt

    Family, friends and law enforcement comrades accompanied the hearse carrying a fallen Pennsylvania police officer on Saturday. Police later found an unoccupied Jeep Grand Cherokee not far from the scene that was wanted in connection with the shooting.
    Fantastic Beasts 2 Title And Young Dumbledore Revealed In First Teaser

    Fantastic Beasts 2 Title And Young Dumbledore Revealed In First Teaser

    Fantastic Beasts: The Crimes Of Grindelwald will be released on November 16, 2018 , and you're already not prepared for this. In Chapter 35 of Deathly Hallows , "King's Cross", Dumbledore shockingly reveals he was on board with "Muggle subservience".
    Clinton and Obama Uranium One Deal Informant Lobbied for Russian Firm

    Clinton and Obama Uranium One Deal Informant Lobbied for Russian Firm

    The charge originated in the book " Clinton Cash " by a senior Breitbart editor, and it has been repeated willy nilly by Mr. The reporter noted the Clinton State Department did not possess the power to either veto or approve such a transaction.
  • Chargers lead Bills 7-0 on a pick-six

    Chargers lead Bills 7-0 on a pick-six

    Sean McDermott mercifully yanked Peterman and went back to Taylor at halftime but not before he gave us some fascinating stats... Peterman has since thrown two more interceptions to bring his tally up to four picks with 12 minutes to go in the first half.
    Ellen took on Donald Trump's anti-elephant policy & he suspended it

    Ellen took on Donald Trump's anti-elephant policy & he suspended it

    The move overturns a 2014 ban implemented by former President Barack Obama. Trophies refer to any body parts, including elephant tusks.
    Christmas Kettles in County

    Christmas Kettles in County

    The Sacred Heart Preschool Choir was there to ring, or should we say sing, in the annual tradition. The program ended with a closing prayer by the Salvation Army's Major Karen Lyle.
  • Michigan QB Brandon Peters evaluated for head injury after Wisconsin loss

    Michigan QB Brandon Peters evaluated for head injury after Wisconsin loss

    On the very next possession, Wisconsin converted two third and longs, including a 3rd-and-17 for a touchdown. Peters was 9-for-18 for 157 yards when he went down. "Brandon was shaken up on the play", Harbaugh said.
    Jerry Jones apologizes after video surfaces of racially-charged joke

    Jerry Jones apologizes after video surfaces of racially-charged joke

    Former Dallas Cowboys cornerback Deion Sanders, learned of the video and came to Jones' defense. When contacted later by CBS 11, Jones apologized for his comment.
    Twitter removes verified checkmarks from several white supremacists' profiles

    Twitter removes verified checkmarks from several white supremacists' profiles

    But having a verified account on Twitter has become a status symbol that confers perks such as appearing at the top of searches. Richard Spencer responded to his lack of verification with a question on Twitter.