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AT&T loses bid for White
House communications
about Time Warner deal

Reuters, by Staff

Original Article

Posted By:Attercliffe, 2/20/2018 2:42:24 PM

WASHINGTON - A federal judge on Tuesday denied a request by AT&T Inc (T.N) to compel the U.S. Justice Department to disclose any records of communications between the White House and government lawyers that detail President Donald Trump’s views on the company’s proposed $85 billion merger with Time Warner Inc (TWX.N). The Justice Department on Friday moved to prevent AT&T from arguing that politics played a role in the government’s decision to stop the merger, which Trump has publicly criticized. Share prices for AT&T and Time Warner were steady on the news, both down slightly for the day. “We respect the judge’s


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Reply 1 - Posted by: snowoutlaw, 2/20/2018 3:25:00 PM     (No. 11549915)

As I recall the Sherman Antitrust Act 1890 was written for the likes of Standard oil and US Steel, then applied to AT&T in the 1980s. Does AT&T want to be broken up again? Besides the President can say anything he wants.

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Reply 2 - Posted by: stablemoney, 2/20/2018 4:54:31 PM     (No. 11549984)

The AT&T and Time Warner merger should be stopped. AT&T already owns enough.

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