The Department of Justice has again been thwarted by the courts in its efforts to derail AT&T’s $85 billion purchase of Time Warner. Today, a federal appeals court rejected the DOJ’s appeal of the government’s antitrust suit against the AT&T-Time Warner deal.
The U.S. Court of Appeals for the District of Columbia Circuit affirmed U.S. District Judge Richard Leon’s ruling last June when he approved the AT&T-Time Warner deal with no conditions. Both verdicts are a blow to Makan Delrahim, chief of the Justice Department’s antitrust division, who had filed the suit against AT&T just two months after he was confirmed.
That
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